Illinois law does not require filing corporate minutes with the Secretary of State's Office or any other state agency. The Secretary of the Board must keep minutes of all Board meetings.Meeting minutes must be maintained for seven years. Enjoy our free minutes template for your corporation's first board of directors meeting. Like all our forms, this template is intended for individual use. Corporate meeting minutes are a formal record of your company's important discussions and actions. They can and should be more than a formality. File an annual report for a Corporation, Not-for-Profit, or Limited Liability Company online. Incorporate a business or terminate an LLC. Many states require your corporation to keep regular meeting minutes even though they don't need to be filed with the state.