What are the effects of minute of meeting in any organization or association?

What are the effects of minute of meeting in any organization or association?
Minutes (meeting notes) are taken to record subjects from the agenda and what actions will be taken to meet given targets, who will undertake the actions and when these actions will be reported back to the meeting. It also acts as a reminder for those in the meetings as some aspects are very complex and a common "note" of it is used for all those both in attendance and those who send in theirapologies( sorry I cannot be there)
Minutes also act as history of events within an organisation where they can be looked back on to identify actions that brought about specific change.