Allegheny Pennsylvania Revocation of Proxy

• Category: Corporations - Proxy
• State: Multi-State
• County: Allegheny
• 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. Allegheny Pennsylvania Revocation of Proxy is a legal document used to cancel or withdraw a previously granted proxy authorization. In Allegheny County, Pennsylvania, revocation of proxy is governed by specific laws and regulations set forth by the state. This document is crucial in situations where a proxy holder is no longer deemed fit or trustworthy to act on behalf of the principal. The Allegheny Pennsylvania Revocation of Proxy serves as evidence that the principal wants to revoke the authority granted to the proxy holder. By submitting this document, the principal ensures that any actions taken by the proxy holder after the revocation will not be legally binding. Keywords: Allegheny Pennsylvania, Revocation of Proxy, legal document, proxy authorization, proxy holder, principal, laws, regulations, evidence, authority, revocation. There can be different types of Allegheny Pennsylvania Revocation of Proxy depending on the scenario: 1. General Revocation of Proxy: This type of revocation applies to all proxies granted by the principal, regardless of the specific purpose or time frame. 2. Limited Revocation of Proxy: Sometimes, principals may want to revoke the proxy authority for only specific matters or a certain period. In such cases, a limited revocation of proxy is used to narrow down the proxy holder's authority. 3. Specific Revocation of Proxy: This type of revocation is used when the principal wants to revoke the proxy holder's authority for a particular event, such as a specific meeting or transaction. 4. Irrevocable Proxy Revocation: In certain situations, principals may grant an irrevocable proxy, which cannot be canceled or withdrawn. However, if there are exceptional circumstances or legal provisions, an irrevocable proxy revocation can be pursued. Keywords: General Revocation of Proxy, Limited Revocation of Proxy, Specific Revocation of Proxy, Irrevocable Proxy Revocation, principal, proxy authority, meeting, transaction, legal provisions.

Allegheny Pennsylvania Revocation of Proxy is a legal document used to cancel or withdraw a previously granted proxy authorization. In Allegheny County, Pennsylvania, revocation of proxy is governed by specific laws and regulations set forth by the state. This document is crucial in situations where a proxy holder is no longer deemed fit or trustworthy to act on behalf of the principal. The Allegheny Pennsylvania Revocation of Proxy serves as evidence that the principal wants to revoke the authority granted to the proxy holder. By submitting this document, the principal ensures that any actions taken by the proxy holder after the revocation will not be legally binding. Keywords: Allegheny Pennsylvania, Revocation of Proxy, legal document, proxy authorization, proxy holder, principal, laws, regulations, evidence, authority, revocation. There can be different types of Allegheny Pennsylvania Revocation of Proxy depending on the scenario: 1. General Revocation of Proxy: This type of revocation applies to all proxies granted by the principal, regardless of the specific purpose or time frame. 2. Limited Revocation of Proxy: Sometimes, principals may want to revoke the proxy authority for only specific matters or a certain period. In such cases, a limited revocation of proxy is used to narrow down the proxy holder's authority. 3. Specific Revocation of Proxy: This type of revocation is used when the principal wants to revoke the proxy holder's authority for a particular event, such as a specific meeting or transaction. 4. Irrevocable Proxy Revocation: In certain situations, principals may grant an irrevocable proxy, which cannot be canceled or withdrawn. However, if there are exceptional circumstances or legal provisions, an irrevocable proxy revocation can be pursued. Keywords: General Revocation of Proxy, Limited Revocation of Proxy, Specific Revocation of Proxy, Irrevocable Proxy Revocation, principal, proxy authority, meeting, transaction, legal provisions.