Hi everyone, I am very new to the world of Board Governance and have been asked to assist our company Board which is also fairly inexperienced with RONR. The Directors have recently started (re-started?) utilizing committees in order to complete some tasks, and so we have a couple of questions regarding the results of the committee meetings.
1. What is the procedure for approving the minutes of these committee meetings?
What we have been doing is, the minutes go to the next committee meeting for approval. Once approved, they then go to the next Board meeting for approval from the Board. Is the dual approval process necessary?
2. When do the motions from those committee meetings become ratified?
Is it as soon as the committee carries the motion, or when the minutes (where the motion is recorded) is approved by the Board?