Corporate meeting minutes are a formal record of your company's important discussions and actions. They can and should be more than a formality.We share six steps for how to run a volunteer board meeting that's both productive and effective. Free Consultation Call (855) 5212222 Bay Area Corporate Counsel helps companies with business matters in Corporate and Business law. This guide walks through everything you need to know to run your board meetings, understand roles, streamline procedures, and embrace best practices. Most states require that S corporations keep meeting minutes. Here's what you need to know about minutes, why you should keep them, and how they should be kept. One of the requirements for corporations in most states is to have an annual board meeting. Typically, these are held near the end of the year. Effective board meetings clarify priorities; they allow leaders to spotlight results, highlight challenges, and discuss key strategic issues.