Minutes of Meetings Required by Law
Minutes of meetings are required by law to be taken at board meetings and should be maintained by the corporate secretary. They should never be discarded. Aside from being required by law, they are sometimes used to defend an association against legal claims. They must also be provided by the management company to escrow companies and lenders when an owner is refinancing or selling a unit or lot. See: Minutes of Board Meetings and Minutes – Sample Form.