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A Corporate Secretary could be considered the glue that holds an entire corporation together. He/she is responsible for assuring the company stays in compliance with both regulatory and statutory requirements while also executing all of the decisions, resolutions and changes put forth by the corporation’s Board of Directors.
In general, states require that corporations designate a Corporate Secretary, and that he/she is present at all Board of Director meetings. The Corporate Secretary is an officer of the corporation.
The precise obligations that a company’s Corporate Secretary fulfills may be different among corporations; however, every corporation typically outlines the Corporate Secretary’s role in its corporate bylaws.
Many people mistakenly believe a Corporate Secretary’s primary role is to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, this task is nowhere near the entirety of this pivotal corporate role.
Typically, a Corporate Secretary's job description would include:
The best candidate to hold the position of a Corporate Secretary would be:
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*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nothing in this article constitutes legal or tax advice. This article provides general commentary on, and analysis of, the subject addressed. We strongly advise that you consult an attorney or tax professional to receive legal or tax guidance tailored to your specific circumstances. Any action taken or not taken based on this article is at your own risk. If an article cites or provides a link to third-party sources or websites, Harvard Business Services, Inc. is not responsible for and makes no representations regarding such source’s content or accuracy. Opinions expressed in this article do not necessarily reflect those of Harvard Business Services, Inc.
There are 3 comments left for What Does a Corporate Secretary Do?Ashu Agarwal said: Thursday, April 22, 2021
Well Said, A company secretary is the backbone of the corporation looking after all the affairs.Erin Grey said: Tuesday, April 6, 2021
Thank you for sharing details on roles and responsibilities of a company secretary. Lots of new information.. very helpful for new users.HBS Staff replied: Wednesday, April 7, 2021
Thank you for reading our blog and we're glad you found it to be helpful.Fred said: Thursday, April 23, 2020
Very helpful information for those of us who are joining boards for the first time.HBS Staff replied: Monday, April 27, 2020