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A proxy is commonly given to cast a stockholder's votes at a meeting of shareholders, and by board members and convention delegates. Generally any power that a stockholder possesses at a corporate meeting can be delegated to a proxy.

An ordinary proxy can vote on regular corporate business, such as the amendment of the bylaws. The proxy is not authorized to vote, however, on extraordinary corporate business, such as a merger, unless given special authority to do so. When a proxy acts within the scope of her authority, under agency principles, the stockholder is bound as if she acted in person. This authority is generally provided by the charter and bylaws of a corporation or by a state statute.

A proxy is a person who is cheap proxies by another to represent that individual at a meeting or before a public body. It also refers to the written authorization allowing one person to act on behalf of another. They infiltrated a maximum security prison and killed dozens of guards to save just one of their own.

In the ecclesiastical law, a judicial proctor, or one who is appointed to manage another man's law concerns, is called a proxy. 1) someone who is authorized to serve in one's place at a meeting, particularly with the right to cast votes. 2) the written authority given to someone to act or vote in someone's place.

This magic number holds important details and when you visit a website, the web admin gets to know some bits about you, such as your location and your internet provider. When you surf the internet, there are several entities that keep a track of your details, including your location. Disclaimerall content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. The right of voting at an election of an incorporated company by proxy is not a general right, and the party claiming it must show a special authority for that purpose. The instrument by which a person is appointed so to act, is likewise called a proxy.

If authority is not provided, a stockholder cannot vote by proxy. The record owner of the stock whose name is registered on the corporate books is the only individual who can delegate the right to vote. In the absence of an express requirement, no particular form is necessary for a proxy. It must, however, be evidenced by a sufficient written grant of authority. A proxy is not invalid if minor errors or omissions appear on the document.