HOA Homefront: What minutes are… and aren’t

Corporation are legal fictions — a game of pretend in which fictional entities are created registering with the state.

Once registered, corporations have legal rights very similar to those of humans. However, since corporations primarily act through their boards, a permanent record, minutes, of those actions must be kept.

Minutes are the official record of what a corporate board decided. If the minutes do not mention a decision, then for the purposes of the corporation it didn’t happen.