Form with which a shareholder who has granted another the right to vote on his/her behalf may revoke the granting of that right.
The Colorado Revocation of Proxy — Corporate Resolutions refers to a legal document that allows a person or entity to cancel a previously granted proxy for a corporation's decision-making process. In simple terms, it is a document that revokes the authority given to another individual or entity to act on behalf of a shareholder or member of a corporation during meetings or voting processes. A proxy is an authorization given by a shareholder or member of a corporation which allows someone else, known as the proxy holder, to vote and make decisions on their behalf. This can occur when a shareholder or member is unable to attend a meeting or wishes to delegate their voting rights to someone else. The proxy holder is typically obligated to vote or act in a manner that aligns with the shareholder's or member's preferences. Keywords associated with the Colorado Revocation of Proxy — Corporate Resolutions include "Colorado," indicating that the document is specific to this state's laws and regulations. Other relevant keywords are "revocation of proxy," which signifies the cancellation or withdrawal of a previously granted proxy, and "corporate resolutions," which refers to the actions or decisions made by a corporation. It is worth noting that while there may not be different types of Colorado Revocation of Proxy — Corporate Resolutions, variations in content and format may exist depending on the specific purpose or circumstances under which the proxy revocation is being filed. Some of these variations may include revocations for a specific meeting or resolution, a general revocation of all proxies previously given, or a partial revocation for certain matters while maintaining authority for others. Overall, the Colorado Revocation of Proxy — Corporate Resolutions is a crucial legal document that allows a shareholder or member of a corporation to retract the authority granted to a proxy holder. This enables the shareholder or member to resume their voting rights and decision-making powers, ensuring that they have control over their representation in corporate affairs.
