Board meetings are much more organized and efficient if you establish ground rules, create an agenda, and stick to them. The meeting, which is the 2nd Tuesday of every month from p.m.Minnesota Corporate Bylaws create the policies and procedures for your corporation. Our free, attorney-drafted template can get you started. Under open meeting law, anyone can file a written request for notification of meetings, which the board of supervisors must comply with. A board of directors oversees the major business decisions, while officers handle the day-to-day operations. You will need to file final tax returns and close out any business accounts. All contact information must be filled out completely. , Executive Committee.