Santa Clara California Revocation of Proxy

• Category: Corporations - Proxy
• State: Multi-State
• County: Santa Clara
• 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. Santa Clara California Revocation of Proxy is a legal document that allows an individual or entity to cancel a previously granted proxy authority. This document is crucial in situations where an appointed proxy is no longer trustworthy, unable to fulfill their duties, or the principal, who granted the proxy, has changed their mind. In Santa Clara County, California, there are two main types of Revocation of Proxy: 1. General Revocation of Proxy: This type of revocation is applicable when the principal wants to revoke the proxy's authority entirely. It terminates all powers and responsibilities previously granted to the proxy. The principal must specify the proxy's name and the effective date of the revocation in the document. It is recommended to provide a copy of this document to all relevant parties involved, including the proxy and any relevant institutions or organizations. 2. Limited Revocation of Proxy: Some situations may require only a partial revocation of the proxy's powers. In such cases, the principal can execute a limited revocation, restricting certain authorities granted to the proxy while allowing others to remain intact. The principal must clearly outline the specific authorities being revoked and the ones that will continue. It is essential to communicate any changes to the proxy and any involved third parties to avoid confusion. Both types of Santa Clara California Revocation of Proxy should include the principal's personal information, such as name, address, and contact details, as well as details regarding the appointed proxy, including their name and previous delegated authorities. The document must be signed and dated by the principal, indicating their intent to revoke the proxy. Keywords: Santa Clara California, revocation of proxy, legal document, proxy authority, principal, appointed proxy, trustworthy, duties, change of mind, Santa Clara County, general revocation, limited revocation, powers, responsibilities, effective date, relevant parties, partial revocation, principal's information, personal details, appointed proxy information, signed, dated, intent.

Santa Clara California Revocation of Proxy is a legal document that allows an individual or entity to cancel a previously granted proxy authority. This document is crucial in situations where an appointed proxy is no longer trustworthy, unable to fulfill their duties, or the principal, who granted the proxy, has changed their mind. In Santa Clara County, California, there are two main types of Revocation of Proxy: 1. General Revocation of Proxy: This type of revocation is applicable when the principal wants to revoke the proxy's authority entirely. It terminates all powers and responsibilities previously granted to the proxy. The principal must specify the proxy's name and the effective date of the revocation in the document. It is recommended to provide a copy of this document to all relevant parties involved, including the proxy and any relevant institutions or organizations. 2. Limited Revocation of Proxy: Some situations may require only a partial revocation of the proxy's powers. In such cases, the principal can execute a limited revocation, restricting certain authorities granted to the proxy while allowing others to remain intact. The principal must clearly outline the specific authorities being revoked and the ones that will continue. It is essential to communicate any changes to the proxy and any involved third parties to avoid confusion. Both types of Santa Clara California Revocation of Proxy should include the principal's personal information, such as name, address, and contact details, as well as details regarding the appointed proxy, including their name and previous delegated authorities. The document must be signed and dated by the principal, indicating their intent to revoke the proxy. Keywords: Santa Clara California, revocation of proxy, legal document, proxy authority, principal, appointed proxy, trustworthy, duties, change of mind, Santa Clara County, general revocation, limited revocation, powers, responsibilities, effective date, relevant parties, partial revocation, principal's information, personal details, appointed proxy information, signed, dated, intent.