King Washington Revocación de Poder - Revocation of Proxy

• Category: Corporaciones - Proxy - Sin fines de lucro
• State: Multi-State
• County: King
• Control #: US-03124BG
• Format: Word

Description

Proxy voting refers to the procedure of delegating the right to vote by one person to another. In proxy voting in the absence of a person his/her vote will be secured by some other person. A person so designated to cast the vote of another is called a "proxy" and the person who delegates the power is called a principal. A voter must have a trust in the proxy. Any person including the official of the chosen party can be appointed as the proxy.

A proxy can also be revoked unless the terms of the proxy say otherwise.

King Washington Revocation of Proxy is a legal document that allows an individual or entity to revoke their authority given to another person or entity to act as their proxy. This means that the person or entity who previously had the power to make decisions on behalf of the individual or entity, will no longer have that authority. In the context of corporate governance, King Washington Revocation of Proxy is frequently used when shareholders want to revoke the power they previously granted to a proxy holder to vote on their behalf in corporate matters, such as annual general meetings or other significant decision-making events. There are different types of King Washington Revocation of Proxy, each tailored to specific circumstances. They include: 1. Shareholder King Washington Revocation of Proxy: This type of revocation is used by shareholders who want to withdraw the authority they granted to a proxy holder to vote on their behalf in a company's corporate matters. 2. Limited King Washington Revocation of Proxy: This variation of the revocation document specifies certain limitations to the proxy holder's authority, and allows the individual or entity to retain some decision-making power. 3. General King Washington Revocation of Proxy: This type of revocation document completely cancels the proxy holder's authority, giving full control and decision-making power back to the individual or entity. 4. Special King Washington Revocation of Proxy: This revocation document is used when only certain specific powers are to be revoked, while the rest of the proxy holder's authority remains intact. King Washington Revocation of Proxy is an important legal tool that safeguards individuals or entities' decision-making rights. It ensures that the person or entity who granted proxy authority can have direct control over important matters, instead of relying on a proxy holder's judgment. Understanding the different types available helps tailor the revocation document to suit specific needs and circumstances.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.