What does spread at length upon the minutes mean?

Full question:

On the minutes form: 'Resolved, that the chairman be requested to cause the same to be spread at length upon the minutes.' My Corp is in Nevada

Category: Corporations
Date: 04/07/2025
State: California

Answer:

The phrase you refer to is a legal phrase often used to indicate that an officer of the corporation has directed that the relevant proceedings be detailed or set forth in the minutes. Board Minutes refers to a written record of the proceedings and actions of a Board of Directors . It is a permanent, formal, and detailed record of business transacted and resolutions adopted by the board of directors. Once written up or typed in a minute book and approved at the next meeting, the minutes are accepted as a true representation of the proceedings they record and can be used as prima facie evidence in legal matters.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

What is the statute 116.31184 in Nevada?

Nevada Revised Statute 116.31184 outlines the requirements for the maintenance of minutes for meetings of the board of directors in homeowners' associations. It specifies that minutes must be recorded and made available to members, ensuring transparency in the decision-making process. This statute helps protect the rights of association members by providing access to the official record of meetings. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*

What is section 78.315 of the Nevada General Corporation law?

Section 78.315 of the Nevada General Corporation Law addresses the requirements for corporate records, including the minutes of board meetings. It mandates that corporations maintain accurate records of all actions taken by the board, which must be available for inspection by shareholders. This ensures accountability and transparency in corporate governance. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*

What is the purpose of Nevada Revised Statute?

The purpose of Nevada Revised Statutes (NRS) is to codify the laws of the state of Nevada, providing a comprehensive legal framework for various areas, including corporate governance, property rights, and criminal law. The NRS serves as a reference for citizens, legal professionals, and government officials to ensure compliance with state laws and regulations. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*

What is nrs 116 in Nevada?

NRS 116 pertains to the laws governing common-interest communities in Nevada, including homeowners' associations. It outlines the rights and responsibilities of associations and their members, including the management of common areas and the enforcement of community rules. This statute aims to promote fair governance and protect the interests of homeowners within such communities. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*

What is Section 78.1955 of the Nevada Revised Statutes?

Section 78.1955 of the Nevada Revised Statutes relates to the duties of directors of corporations. It outlines the standard of care and loyalty that directors must uphold while making decisions on behalf of the corporation. This section is crucial for ensuring that directors act in the best interests of the corporation and its shareholders. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*

What is section 82.271 of the Nevada revised statutes?

Section 82.271 of the Nevada Revised Statutes addresses the requirements for maintaining corporate records, including minutes of meetings and other essential documents. It mandates that corporations keep accurate and up-to-date records that are accessible to shareholders, promoting transparency and accountability in corporate governance. *Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.*