Corporate Secretary Law and Legal Definition
In the U.S. corporate secretary refers to a company secretary. A corporate secretary is has a senior position in a private company or public organization, usually a managerial position or above. A corporate secretary is responsible for the efficient administration of a company. They must ensure that statutory and regulatory requirements are complied by the company and its directors.
A corporate secretary shall have the following responsibilities :
(1)implementation of the decisions of the Board of Directors;
(2)registration and communication with shareholders;
(3)ensuring that dividends are paid; and
(4)maintaining company records, such as lists of directors and shareholders, and annual accounts.
An officer of a corporation who is responsible for the official documents of the corporation such as the official seal, records of shares issued, and minutes off all board or committee meetings is also called a corporate secretary
