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A business record is a document (hard copy or digital) that records an "act, condition, or event" [1] related to business. Business records include meeting minutes, memoranda, employment contracts, and accounting source documents.
Generally, minutes begin with the name of the body holding the meeting (e.g., a board) and may also include the place, date, list of people present, and the time that the chair called the meeting to order. [15] Since the primary function of minutes is to record the decisions made, all official decisions must be included.
The process for running a board, sometimes called the board process, includes the selection of board members, the setting of clear board objectives, the dissemination of documents or board package to the board members, the collaborative creation of an agenda for the meeting, the creation and follow-up of assigned action items, and the ...
This meeting may be different from the regular meetings in that there may be elections or annual reports from officers that only take place at such a meeting. Executive session – a meeting in which the proceedings are secret, or confidential. [14] [15] Public session – a meeting, usually of a governmental body, that is open to the general ...
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