Fulton Georgia Revocation of Proxy

• Category: Corporations - Proxy
• State: Multi-State
• County: Fulton
• 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. Fulton Georgia Revocation of Proxy is a legal document that allows an individual or organization to cancel or withdraw the authority previously granted to another person to act on their behalf in a specific matter or situation. This document is commonly used in Fulton County, Georgia, to revoke a proxy appointment and terminate the authority granted to an agent. The Fulton Georgia Revocation of Proxy is designed to safeguard individual rights and ensure that decisions made by an agent do not go against the wishes of the principal (the person granting the proxy). There are different types of Fulton Georgia Revocation of Proxy, depending on the specific situation or arrangement. These may include: 1. General Revocation of Proxy: This type of revocation cancels the proxy in its entirety, revoking all powers and authorities granted to the agent by the principal. 2. Limited Revocation of Proxy: In some cases, a principal may want to revoke only certain powers or authorities granted to an agent, while allowing others to remain in effect. A limited revocation allows the principal to specify which powers are to be revoked and which ones are to be retained. 3. Specific Event Revocation of Proxy: This type of revocation is used when the principal wants to terminate the proxy authority granted to an agent upon the occurrence of a specific event. For example, if the proxy was granted for a real estate transaction, the principal may choose to revoke the proxy once the transaction is completed. 4. Time-Based Revocation of Proxy: In certain situations, a proxy appointment may have an expiration date or a specific time frame associated with it. When that time period expires, the proxy is automatically revoked. The Fulton Georgia Revocation of Proxy should include essential details such as the names and contact information of both the principal and the agent, the date of the original proxy appointment, a clear statement of revocation intentions, and the effective date of revocation. Revoking a proxy in Fulton County, Georgia, safeguards the principal's interests and ensures that they retain control over decisions made on their behalf. It is advisable to consult with a legal professional to draft a comprehensive and legally-binding Fulton Georgia Revocation of Proxy document.

Fulton Georgia Revocation of Proxy is a legal document that allows an individual or organization to cancel or withdraw the authority previously granted to another person to act on their behalf in a specific matter or situation. This document is commonly used in Fulton County, Georgia, to revoke a proxy appointment and terminate the authority granted to an agent. The Fulton Georgia Revocation of Proxy is designed to safeguard individual rights and ensure that decisions made by an agent do not go against the wishes of the principal (the person granting the proxy). There are different types of Fulton Georgia Revocation of Proxy, depending on the specific situation or arrangement. These may include: 1. General Revocation of Proxy: This type of revocation cancels the proxy in its entirety, revoking all powers and authorities granted to the agent by the principal. 2. Limited Revocation of Proxy: In some cases, a principal may want to revoke only certain powers or authorities granted to an agent, while allowing others to remain in effect. A limited revocation allows the principal to specify which powers are to be revoked and which ones are to be retained. 3. Specific Event Revocation of Proxy: This type of revocation is used when the principal wants to terminate the proxy authority granted to an agent upon the occurrence of a specific event. For example, if the proxy was granted for a real estate transaction, the principal may choose to revoke the proxy once the transaction is completed. 4. Time-Based Revocation of Proxy: In certain situations, a proxy appointment may have an expiration date or a specific time frame associated with it. When that time period expires, the proxy is automatically revoked. The Fulton Georgia Revocation of Proxy should include essential details such as the names and contact information of both the principal and the agent, the date of the original proxy appointment, a clear statement of revocation intentions, and the effective date of revocation. Revoking a proxy in Fulton County, Georgia, safeguards the principal's interests and ensures that they retain control over decisions made on their behalf. It is advisable to consult with a legal professional to draft a comprehensive and legally-binding Fulton Georgia Revocation of Proxy document.