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.
Santa Clara California Irrevocable Proxy, also known as the Santa Clara Irrevocable Proxy, is a legal document used in the state of California to grant someone the authority to make important decisions and act on behalf of another person, known as the principal. This proxy is considered irrevocable, meaning that it cannot be revoked or canceled by the principal once it has been established, unless certain conditions outlined in the document are met. The Santa Clara California Irrevocable Proxy can be used in various situations where the principal is unable to make decisions or take actions due to incapacitation, illness, absence, or any other reason. The proxy is typically created to provide a trusted individual, known as the agent or attorney-in-fact, with the ability to handle financial, legal, healthcare, or other crucial matters on behalf of the principal. Some different types of Santa Clara California Irrevocable Proxy may include: 1. Financial Irrevocable Proxy: In this type of irrevocable proxy, the agent has the authority to manage the principal's financial affairs, such as banking transactions, investment decisions, and property management. This proxy is commonly used by individuals who want to ensure their financial affairs are handled responsibly in the event of their incapacity or absence. 2. Healthcare Irrevocable Proxy: This type of irrevocable proxy grants the agent the power to make healthcare decisions for the principal. It allows the agent to act as a healthcare proxy or medical power of attorney, making decisions regarding medical treatments, surgeries, medications, and other healthcare-related matters when the principal is unable to do so. 3. Legal Irrevocable Proxy: A legal irrevocable proxy confers the authority to handle legal matters on behalf of the principal. The agent can represent the principal in legal proceedings, sign legal documents, and make legal decisions. This type of proxy is commonly used by individuals who want to ensure their legal affairs are managed appropriately when they are unable to act. It is important to consult with an attorney or legal professional familiar with California laws to ensure that the Santa Clara California Irrevocable Proxy is properly drafted, executed, and meets the specific requirements of the principal's circumstances and preferences.
