Proxy refers to someone who is authorized to serve in one's place at a meeting, especially with the right to right to vote on behalf of another. It may be written authority given to someone to act or vote in someone's place. A proxy is often used as a method for stockholders to cast votes at a meeting of shareholders, and by board members and convention delegates.
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.
New Hampshire Irrevocable Proxy: A Comprehensive Overview A New Hampshire irrevocable proxy is a legal document that grants authority to an individual, known as the proxy holder, to act on behalf of another person, known as the principal. Unlike a revocable proxy, which can be canceled or modified at any time by the principal, an irrevocable proxy cannot be changed or revoked once it is executed, except in certain specific circumstances outlined under New Hampshire law. Keywords: New Hampshire, irrevocable proxy, legal document, authority, proxy holder, principal, revocable proxy, executed, New Hampshire law. Types of New Hampshire Irrevocable Proxy: 1. Health Care Proxy: A health care proxy is a specific type of irrevocable proxy that focuses on healthcare decisions on behalf of the principal. It designates a trusted person, often a family member or close friend, to make medical treatment choices when the principal becomes incapacitated or unable to communicate their wishes. Keywords: health care proxy, medical treatment choices, incapacitated, communicate wishes. 2. Financial Proxy: A financial proxy, also known as a durable power of attorney for financial matters, is another type of irrevocable proxy that grants a proxy holder the authority to manage the principal's financial affairs. This may include handling bank accounts, investments, real estate transactions, paying bills, and filing taxes. Keywords: financial proxy, durable power of attorney, manage finances, bank accounts, investments, real estate, bills, taxes. 3. Voting Proxy: In cases where shareholders or members of an organization are unable to attend a meeting, they can use an irrevocable voting proxy to authorize another person to vote on their behalf. This type of proxy is commonly used in corporate settings, nonprofit organizations, or homeowner associations. Keywords: voting proxy, shareholders, members, meeting, authorize, corporate, nonprofit, homeowner associations. 4. Legal Proxy: A legal proxy, also referred to as an attorney-in-fact or agent, allows the proxy holder to act on behalf of the principal in various legal matters. This type of proxy can cover a wide range of legal decisions, such as signing contracts, initiating lawsuits, or handling legal disputes. Keywords: legal proxy, attorney-in-fact, agent, legal matters, signing contracts, initiating lawsuits, legal disputes. It is highly recommended consulting with a knowledgeable attorney to ensure compliance with New Hampshire laws and to accurately draft any type of irrevocable proxy document that suits your specific needs and circumstances. Keywords: attorney, compliance, New Hampshire laws, irrevocable proxy document.New Hampshire Irrevocable Proxy: A Comprehensive Overview A New Hampshire irrevocable proxy is a legal document that grants authority to an individual, known as the proxy holder, to act on behalf of another person, known as the principal. Unlike a revocable proxy, which can be canceled or modified at any time by the principal, an irrevocable proxy cannot be changed or revoked once it is executed, except in certain specific circumstances outlined under New Hampshire law. Keywords: New Hampshire, irrevocable proxy, legal document, authority, proxy holder, principal, revocable proxy, executed, New Hampshire law. Types of New Hampshire Irrevocable Proxy: 1. Health Care Proxy: A health care proxy is a specific type of irrevocable proxy that focuses on healthcare decisions on behalf of the principal. It designates a trusted person, often a family member or close friend, to make medical treatment choices when the principal becomes incapacitated or unable to communicate their wishes. Keywords: health care proxy, medical treatment choices, incapacitated, communicate wishes. 2. Financial Proxy: A financial proxy, also known as a durable power of attorney for financial matters, is another type of irrevocable proxy that grants a proxy holder the authority to manage the principal's financial affairs. This may include handling bank accounts, investments, real estate transactions, paying bills, and filing taxes. Keywords: financial proxy, durable power of attorney, manage finances, bank accounts, investments, real estate, bills, taxes. 3. Voting Proxy: In cases where shareholders or members of an organization are unable to attend a meeting, they can use an irrevocable voting proxy to authorize another person to vote on their behalf. This type of proxy is commonly used in corporate settings, nonprofit organizations, or homeowner associations. Keywords: voting proxy, shareholders, members, meeting, authorize, corporate, nonprofit, homeowner associations. 4. Legal Proxy: A legal proxy, also referred to as an attorney-in-fact or agent, allows the proxy holder to act on behalf of the principal in various legal matters. This type of proxy can cover a wide range of legal decisions, such as signing contracts, initiating lawsuits, or handling legal disputes. Keywords: legal proxy, attorney-in-fact, agent, legal matters, signing contracts, initiating lawsuits, legal disputes. It is highly recommended consulting with a knowledgeable attorney to ensure compliance with New Hampshire laws and to accurately draft any type of irrevocable proxy document that suits your specific needs and circumstances. Keywords: attorney, compliance, New Hampshire laws, irrevocable proxy document.