Corporate Record
/ˈkɔːrpərɪt ˈrɛkərd/
Definitions
- (n.) An official set of documents and records maintained by a corporation to evidence its formation, governance, and business activities, including minutes, resolutions, bylaws, and shareholder records.
The corporate record must be updated after every board meeting to reflect all resolutions passed.
Forms
- corporate record
- corporate records
Related terms
See also
Commentary
Corporate records are essential for legal compliance and can serve as evidence in disputes; careful and regular maintenance is critical.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.