Oklahoma Condominium Proxy Form

State:
Multi-State
Control #:
US-01581A
Format:
Word; 
Rich Text
Instant download

Description

This form is a Condominium Proxy Form. A condominium owner appoints and names his/her attorney in fact and agent who will vote his/her interest by proxy at a meeting of the condominium association.

How to fill out Condominium Proxy Form?

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FAQ

The proxy statement is filed when a company is seeking shareholder votes and is filed ahead of an annual meeting. The proxy statement, called a Form DEF 14A, highlights new board of director nominees, proposed executive salary and compensation, and any other information a shareholder may need to vote on an issue.

Proxies. Owners or mortgagees can give a proxy to any individual, which is a written authorization that the individual can vote on their behalf. A proxy must be in an electronic (for example, e-mail or fax) or hard copy format, containing information such as: The owner's name and unit number or mortgagee.

The biggest question we get about proxies is What is it? A proxy is simply a document that an owner signs to appoint someone else to vote on his or her behalf at HOA meetings.

A member of a company is entitled to appoint another person as his proxy to exercise all or any of his rights to attend, speak and vote at a meeting of the company. A member can appoint any other person to act as his proxy; it does not have to be another shareholder of the company.

A Proxy Form is a document by which a registered member of a company appoints another person (the proxy) to attend a company meeting and vote on the member's behalf. Every member of a company that is entitled to attend and vote at company meetings can either vote in person or through a proxy.

Proxy voting is a form of voting whereby a member of a decision-making body may delegate their voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external.

The biggest question we get about proxies is What is it? A proxy is simply a document that an owner signs to appoint someone else to vote on his or her behalf at HOA meetings.

This Appointment of Proxy Form template can be downloaded in Word format. A member who is unable to attend a meeting may be able to delegate their voting power to another member or representative to vote in their absence. That person is known as a 'proxy'.

A proxy can vote only in the principal's absence, not when the principal is present and voting. Where the authority conferred upon a proxy is limited to a designated or special purpose, a vote for another and different purpose is ineffective.

There is no specific law precluding a Board member from granting a proxy to a third party to appear at a Board meeting in place of such Board member. However, it is basic general corporate law that a Board member cannot give a proxy to someone to appear and vote in his place at a meeting.

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Oklahoma Condominium Proxy Form