New Hampshire Revocation of Proxy

• Category: Corporations - Proxy
• State: Multi-State
• Control #: US-03124BG
• Format: Word; Rich Text

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. New Hampshire Revocation of Proxy is a legal document that allows an individual to cancel or revoke the appointment of a proxy or agent previously authorized to make decisions on their behalf. It gives the principal the power to withdraw the authority granted through a proxy designation and terminate the proxy's ability to act on their behalf. In New Hampshire, there are different types of Revocation of Proxy, each tailored to specific circumstances and needs. These types may include: 1. General Revocation of Proxy: This type of revocation applies to any proxy appointment made by the principal and serves to cancel the proxy's authority across all matters and decisions. 2. Specific Revocation of Proxy: Unlike a general revocation, this type exclusively revokes the proxy's authority for a specific purpose or particular decision. It allows the principal to maintain the proxy's authority for other matters while withdrawing their power for the specified area. 3. Limited Revocation of Proxy: This type involves revoking the proxy's authority for a limited period or specific event. It grants the principal the ability to reinstate the proxy's authority once the limited period or event has passed. 4. Conditional Revocation of Proxy: This type is invoked when the proxy's authority is contingent upon a specific condition or circumstance. If the condition is no longer met or the circumstances change, the proxy's authority is revoked. The New Hampshire Revocation of Proxy document typically includes essential details, such as the principal's name, the proxy's name, the date of the original proxy appointment, and a statement explicitly revoking the proxy's authority. It is crucial to follow the state's legal requirements while drafting and executing this revocation to ensure its validity. In case of any uncertainty or complexity, consulting an attorney familiar with New Hampshire's proxy laws is advisable.

New Hampshire Revocation of Proxy is a legal document that allows an individual to cancel or revoke the appointment of a proxy or agent previously authorized to make decisions on their behalf. It gives the principal the power to withdraw the authority granted through a proxy designation and terminate the proxy's ability to act on their behalf. In New Hampshire, there are different types of Revocation of Proxy, each tailored to specific circumstances and needs. These types may include: 1. General Revocation of Proxy: This type of revocation applies to any proxy appointment made by the principal and serves to cancel the proxy's authority across all matters and decisions. 2. Specific Revocation of Proxy: Unlike a general revocation, this type exclusively revokes the proxy's authority for a specific purpose or particular decision. It allows the principal to maintain the proxy's authority for other matters while withdrawing their power for the specified area. 3. Limited Revocation of Proxy: This type involves revoking the proxy's authority for a limited period or specific event. It grants the principal the ability to reinstate the proxy's authority once the limited period or event has passed. 4. Conditional Revocation of Proxy: This type is invoked when the proxy's authority is contingent upon a specific condition or circumstance. If the condition is no longer met or the circumstances change, the proxy's authority is revoked. The New Hampshire Revocation of Proxy document typically includes essential details, such as the principal's name, the proxy's name, the date of the original proxy appointment, and a statement explicitly revoking the proxy's authority. It is crucial to follow the state's legal requirements while drafting and executing this revocation to ensure its validity. In case of any uncertainty or complexity, consulting an attorney familiar with New Hampshire's proxy laws is advisable.