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.What is the difference between a Board of Directors and a Board of Managers? In the context of associations, these terms are frequently used interchangeably. Illinois Free Corporate Minutes Template. Enjoy our free minutes template for your corporation's annual board of directors meeting. We hope you will take this opportunity to learn more about the Y, the Y's mission, and the responsibilities of the governing board. The bylaws tell the board of directors how to run the corporation, i.e. The bylaws tell the board of directors how to run the corporation, i.e. This Notice of Meeting of Board of Directors letter is available for use on UpCounsel.