Read Section 5-512 - Loans to directors, officers, or employees, Md. Code, Fin. Inst. What Are Corporate Minutes?Download our template: Minutes of a meeting of the board of directors of a company to approve a Borrower Loan Agreement. Good minutes from Board of Director meetings keep the organization on track and moving forward with the mission. Community Securities Corporation Corporate Seal. Minutes should be kept of all meetings of the Board of Directors, as well as committee meetings where the committee is making decisions on behalf of the board. The Board's review and approval of the LTOB Plan shall be fully detailed in the appropriate Board meeting minutes. In this meeting, directors approve initial corporate documents and ensure officer roles are filled. The Assistive Technology Loan Program helps Maryland residents with disabilities and their families qualify for lowinterest loans to buy equipment. What makes meeting minutes good?