Fiduciary Committee Best Practices – Part 2: Preparing Meeting Minutes

Summary

One of those foundational steps involves the preparation of minutes of committee meetings. In this second part of the series we focus entirely on the preparation of meeting minutes. The goal is make sure your fiduciary committee gets the most mileage out of meeting minutes from a compliance standpoint and avoids stubbing its toe in the event that the minutes find their way into the hands of someone seeking to hang the committee by its own documentation.