Fairfax Virginia Revocation of Proxy ā Corporate Resolutions is a legal document that allows a person or entity to revoke the authority given to a proxy to act on their behalf in corporate matters. This document is specific to Fairfax, Virginia and follows the laws and regulations set forth by the state. A Revocation of Proxy can be used in various corporate resolutions, such as: 1. Annual Shareholder Meetings: In the context of a corporation's annual shareholder meeting, shareholders may appoint proxies to vote on their behalf. However, circumstances might change, and a shareholder may wish to revoke the proxy given to a designated individual or entity. The Fairfax Virginia Revocation of Proxy ā Corporate Resolution provides a mechanism to cancel or revoke the proxy authorization. 2. Special Shareholder Meetings: Similar to annual meetings, special shareholder meetings may require proxy voting. However, if the shareholders believe that it is in their best interest to revoke the authority granted to their proxy, they can use the Fairfax Virginia Revocation of Proxy ā Corporate Resolution to do so. 3. Board of Directors Meetings: In corporate governance, board members may authorize proxies to represent them at board meetings. However, situations may arise where a board member wants to revoke the proxy they previously granted. Utilizing a Fairfax Virginia Revocation of Proxy ā Corporate Resolution allows board members to withdraw the proxy authorization effectively. 4. Proxy Conflicts: Proxy conflicts can occur in corporate settings, especially when multiple proxies are present or when there is a dispute regarding the validity of a proxy. In such cases, a Fairfax Virginia Revocation of Proxy ā Corporate Resolution can be used to clarify and revoke the authority granted to the conflicting proxy. It is crucial to consult legal counsel or an attorney to ensure compliance with Fairfax, Virginia's specific requirements and procedures when utilizing a Revocation of Proxy ā Corporate Resolution.
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.