what is the difference between resolutions and operating agreement?
What is the difference between a resolution and minutes? A resolution is written documentation describing an action authorized by the board of directors of a corporation. The minutes are a written document that describes items discussed by the directors during a board meeting, including actions taken and resolutions passed.
Something important to remember about an operating agreement is that it is a contract between the members, and the members are bound to the terms of that contract. The provisions of an operating agreement are enforceable in a court of law. Corporation Bylaws