Board Meetings (Board of Directors or Board of Managers). Frequency: At least four times per year.The bylaws tell the board of directors how to run the corporation, i.e. Meetings of the board of directors shall be held upon such notice as the by-laws may prescribe. Resolutions of the board of directors of an Illinois corporation appointing directors to fill director vacancies. Learn about how a board of directors for a nonprofit organization make decisions, their responsibilities, and who answers to them. First Board of Directors meeting minutes template. Free corporate form for recording the minutes of the first directors meeting. Learn how to take control of a board meeting that has gone off-course and steer your board into more effective meetings from CAI-IL here. The names and addresses of the persons to serve as the initial directors may also be outlined in the Articles.