The Alabama Proxy Form — Corporate Resolutions is a legal document used in the state of Alabama to authorize an individual or entity to act as a proxy and make decisions on behalf of a corporation during meetings or specific events. This form is utilized when corporate resolutions need to be voted upon, and the presence of a proxy is necessary due to the unavailability or physical absence of a shareholder. This proxy form is designed to comply with the corporate laws in Alabama and includes several important details. It typically requires information about the corporation, such as its name, address, and corporate ID number. The form also requires the name of the proxy who will be authorized to represent the shareholders and make decisions on their behalf. The Alabama Proxy Form — Corporate Resolutions has various types tailored to different situations. Some common types include: 1. General Proxy: This type of proxy form grants the proxy holder the authority to represent the shareholder on all matters discussed during a corporate meeting or event. The proxy holder can vote on any corporate resolutions as they see fit, without limitations. 2. Limited Proxy: In contrast to a general proxy, a limited proxy restricts the proxy holder's authority to specific corporate resolutions or matters. The shareholder specifies the resolutions or topics on which they want their proxy holder to vote, and the proxy holder is legally bound to adhere to these instructions. 3. Special Proxy: A special proxy form is utilized when a specific circumstance or event requires the shareholder to appoint a proxy to act on their behalf. This form may be used for time-sensitive issues, extraordinary transactions, or significant corporate decisions that occur outside regular meetings. It is crucial for both shareholders and proxy holders to understand the terms and conditions stated in the Alabama Proxy Form — Corporate Resolutions. The form typically includes provisions outlining the duration of the proxy's authority, any specific limitations imposed on voting, and procedures for revoking the proxy if necessary. Additionally, the form may require the proxy holder to provide regular reports or updates to the shareholder regarding their activities and decisions. Accuracy, completeness, and adherence to legal requirements are vital when completing the Alabama Proxy Form — Corporate Resolutions. It is recommended to consult legal counsel or refer to the Alabama corporate laws for guidance when using this form to ensure compliance with all applicable regulations.