Section 13-5-520 - Meetings; record of proceedings and business(a) The board of directors or managers of a public trust company shall hold a regular meeting at least once every quarter of the calendar year. At each meeting a detailed report showing all trust business shall be submitted. The board of directors or managers shall review the report and make it a part of the record of the meeting. The record shall show their approval or disapproval of the report.(b) A record of the proceedings and business of all meetings shall be included in the public trust company's minutes.Added by Laws 2019 , ch. 13, § 1, eff. 7/1/2019.