Nassau New York Revocación de Poder - Revocation of Proxy

• Category: Corporaciones - Proxy - Sin fines de lucro
• State: Multi-State
• County: Nassau
• 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. Nassau New York Revocation of Proxy is a legal document that allows a person or entity to cancel a previously granted proxy authorization. A proxy authorization is typically given to someone to act on behalf of another individual or organization during a specific event or meeting. Revocation of Proxy is necessary when the proxy holder's actions or decisions no longer align with the best interests of the principal, or when the principal wants to exercise their own right to vote or participate in a decision-making process. There are different types of Nassau New York Revocation of Proxy, including but not limited to: 1. General Revocation of Proxy: This type of revocation cancels all previous proxy authorizations and completely revokes the authority granted to the proxy holder, regardless of specific events or meetings. 2. Limited Revocation of Proxy: This type of revocation pertains to a particular event or meeting and limits the proxy holder's authorization for that specific occasion only. The principal retains the right to grant proxy authorization for future events. 3. Conditional Revocation of Proxy: This type of revocation is based on certain conditions being met. For example, if the proxy holder fails to fulfill specific obligations or fails to act in the principal's best interest, the proxy authorization can be revoked. 4. Automatic Revocation of Proxy: In certain situations outlined by Nassau New York laws, a proxy authorization can be automatically revoked. For instance, the death or incapacity of the principal can lead to an automatic revocation of the proxy authorization. When drafting a Nassau New York Revocation of Proxy, it is important to include key information such as the names and contact details of both the principal and the proxy holder, the date and details of the original proxy authorization, and a clear and concise statement revoking the proxy authorization. By understanding the different types and requirements for revoking proxy authorizations in Nassau New York, individuals and organizations can ensure that their rights and interests are protected and that the decision-making process accurately reflects their intentions and preferences.

Nassau New York Revocation of Proxy is a legal document that allows a person or entity to cancel a previously granted proxy authorization. A proxy authorization is typically given to someone to act on behalf of another individual or organization during a specific event or meeting. Revocation of Proxy is necessary when the proxy holder's actions or decisions no longer align with the best interests of the principal, or when the principal wants to exercise their own right to vote or participate in a decision-making process. There are different types of Nassau New York Revocation of Proxy, including but not limited to: 1. General Revocation of Proxy: This type of revocation cancels all previous proxy authorizations and completely revokes the authority granted to the proxy holder, regardless of specific events or meetings. 2. Limited Revocation of Proxy: This type of revocation pertains to a particular event or meeting and limits the proxy holder's authorization for that specific occasion only. The principal retains the right to grant proxy authorization for future events. 3. Conditional Revocation of Proxy: This type of revocation is based on certain conditions being met. For example, if the proxy holder fails to fulfill specific obligations or fails to act in the principal's best interest, the proxy authorization can be revoked. 4. Automatic Revocation of Proxy: In certain situations outlined by Nassau New York laws, a proxy authorization can be automatically revoked. For instance, the death or incapacity of the principal can lead to an automatic revocation of the proxy authorization. When drafting a Nassau New York Revocation of Proxy, it is important to include key information such as the names and contact details of both the principal and the proxy holder, the date and details of the original proxy authorization, and a clear and concise statement revoking the proxy authorization. By understanding the different types and requirements for revoking proxy authorizations in Nassau New York, individuals and organizations can ensure that their rights and interests are protected and that the decision-making process accurately reflects their intentions and preferences.

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.