Record the material personal interest disclosures for a board decision

Key facts

Human involvement
RedLawyer-led
How AI is used
Index the disclosures the directors have already made and match each one to the agenda item it touches, compare them against the standing register of interests and the constitution's voting provisions, and list interests that appear on the face of the papers with no matching disclosure. The tool writes no part of any director's disclosure and no part of the minute.
What the lawyer must review
The lawyer confirms each disclosure is the director's own and in the terms the director gave it, decides whether the interest is a material personal interest and whether an exception applies, decides the voting and quorum position for each item, and settles the minute.
Written for / version
US

Open a jurisdiction version of this task to see which instruments apply: US

Who does what

Who does what
RoleWhat they do
AssistanceSupporting preparation only. Index the disclosures the directors have already made and match each one to the agenda item it touches, compare them against the standing register of interests and the constitution's voting provisions, and list interests that appear on the face of the papers with no matching disclosure. The tool writes no part of any director's disclosure and no part of the minute. The tool writes nothing into the document. Substantive advice, judgement and any restricted content remain with the responsible human.
LawyerPerform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use.

Checklist

  1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
  2. The lawyer confirms each disclosure is the director's own and in the terms the director gave it, decides whether the interest is a material personal interest and whether an exception applies, decides the voting and quorum position for each item, and settles the minute.
  3. Check the output against the source documents named in it before it is relied on.

Forms and precedents for this task

Forms and precedents for this task
Form or precedentKindAI useSummary
Deed of access, insurance and indemnity for a director or officer (Corporations Act ss 198F and 199A to 199C)DeedAI use YellowDeed between a company and a director or officer: indemnity within the limits of s 199A, D&O insurance within s 199B, access to board papers for 7 years after ceasing office, advance of legal costs with repayment, claims conduct and confidentiality.

Signed-in accounts can read the full text of each one. All precedents.

Sources

These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

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