When a corporation is formed, one of the first tasks of the Board of Directors is to adopt the corporate By-laws. Also, one of the most important duties of a board, as described in the By-laws, is to enact resolutions. These resolutions are adopted during the reunions of the Board of directors. Moreover, after each reunion of the Board of Director, a minute of this meeting must be drafted and signed by the participants.

Indicate which are the differences between the by-laws and the minutes of directors reunions.