Largely applicable to all companies - wherever based - this "Joint statement on board minutes" from the Australian Institute of Company Directors and Governance Institute of Australia imparts numerous sound and practical do's, don'ts, and key considerations for board/board committee minutes and board pre-read materials, and discusses the important nexus between the two. The welcome refresher is accompanied by a legal opinion on minute basics that - although Australian law-focused, includes widely applicable guidance on considerations relevant to determining the level of detail to include in minutes (para #23), drafts and notes retention/destruction principles (#35 - #40), legal privilege (#59 - #63), and other matters.
See also this Lawyers Weekly article, and additional information & resources on our Minutes page. This post first appeared in the weekly Society Alert!