Form with which a shareholder who has granted another the right to vote on his/her behalf may revoke the granting of that right.
Connecticut Revocation of Proxy — Corporate Resolutions is a legal document that enables an individual to revoke their previously granted proxy rights in a corporate setting within the state of Connecticut. A proxy is the authority and power granted to someone to act on behalf of another person, typically in voting on corporate matters during shareholder meetings. When a person wishes to revoke their proxy, this becomes necessary when they no longer want the appointed proxy holder to exercise their voting rights on their behalf. This revocation is made official through the filing of a Connecticut Revocation of Proxy — Corporate Resolutions form. The Connecticut Revocation of Proxy — Corporate Resolutions form typically includes important information such as the name and address of the individual granting the proxy, the name and address of the proxy holder, details of the corporation involved, and specific instructions for the revocation. It is crucial for a person to use the appropriate type of Connecticut Revocation of Proxy — Corporate Resolutions form based on various scenarios. Some commonly encountered types include: 1. General Revocation of Proxy: This type is used when a person wants to completely revoke their proxy rights given to a specific individual. It nullifies any previous proxy designation and withdraws all voting authority from the appointed proxy holder. 2. Limited Revocation of Proxy: In certain instances, an individual may need to modify or limit the scope of their proxy rights instead of completely revoking them. A limited revocation form allows for specific instructions to be provided to the proxy holder, indicating the nature and extent of the modification in voting authority. 3. Revocation of Proxy for Specific Meeting: This type of revocation form is used when an individual wants to revoke their proxy rights solely for a particular meeting, while allowing the proxy holder to continue exercising their voting authority in subsequent meetings. 4. Revocation of Proxy with Replacement: In some cases, an individual may wish to revoke their proxy rights and simultaneously designate a new proxy holder. This type of revocation form allows for the effective termination of the previous proxy appointment while establishing a new proxy relationship. In conclusion, the Connecticut Revocation of Proxy — Corporate Resolutions is a crucial legal document that allows individuals to formally revoke their previously granted proxy rights in corporate matters within the state of Connecticut. Understanding the various types of revocation forms is essential to ensure the accurate and appropriate modification or termination of voting authority.Connecticut Revocation of Proxy — Corporate Resolutions is a legal document that enables an individual to revoke their previously granted proxy rights in a corporate setting within the state of Connecticut. A proxy is the authority and power granted to someone to act on behalf of another person, typically in voting on corporate matters during shareholder meetings. When a person wishes to revoke their proxy, this becomes necessary when they no longer want the appointed proxy holder to exercise their voting rights on their behalf. This revocation is made official through the filing of a Connecticut Revocation of Proxy — Corporate Resolutions form. The Connecticut Revocation of Proxy — Corporate Resolutions form typically includes important information such as the name and address of the individual granting the proxy, the name and address of the proxy holder, details of the corporation involved, and specific instructions for the revocation. It is crucial for a person to use the appropriate type of Connecticut Revocation of Proxy — Corporate Resolutions form based on various scenarios. Some commonly encountered types include: 1. General Revocation of Proxy: This type is used when a person wants to completely revoke their proxy rights given to a specific individual. It nullifies any previous proxy designation and withdraws all voting authority from the appointed proxy holder. 2. Limited Revocation of Proxy: In certain instances, an individual may need to modify or limit the scope of their proxy rights instead of completely revoking them. A limited revocation form allows for specific instructions to be provided to the proxy holder, indicating the nature and extent of the modification in voting authority. 3. Revocation of Proxy for Specific Meeting: This type of revocation form is used when an individual wants to revoke their proxy rights solely for a particular meeting, while allowing the proxy holder to continue exercising their voting authority in subsequent meetings. 4. Revocation of Proxy with Replacement: In some cases, an individual may wish to revoke their proxy rights and simultaneously designate a new proxy holder. This type of revocation form allows for the effective termination of the previous proxy appointment while establishing a new proxy relationship. In conclusion, the Connecticut Revocation of Proxy — Corporate Resolutions is a crucial legal document that allows individuals to formally revoke their previously granted proxy rights in corporate matters within the state of Connecticut. Understanding the various types of revocation forms is essential to ensure the accurate and appropriate modification or termination of voting authority.