This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Colorado Member's General Proxy is a legal document prescribed by the Colorado Revised Nonprofit Corporation Act (CANCA) that allows members of a nonprofit corporation in Colorado to designate another individual to represent and vote on their behalf at meetings of the members. This proxy is essential for members who are unable to attend meetings in person but still wish to have a say in the decision-making process. The Member's General Proxy grants the designated proxy holder the authority to act and make decisions as if they were the actual member present at the meeting. By appointing a proxy, members can ensure their voice is heard and their interests are represented, even when they cannot physically attend meetings. There are two main types of proxies that can be utilized under the CANCA in Colorado: 1. General Proxy: A general proxy allows the appointed proxy holder to vote on all matters that may arise at the meeting. This type of proxy is broad and grants the proxy holder the authority to vote on behalf of the member on any issue that may be presented during the meeting. 2. Limited Proxy: A limited proxy, on the other hand, restricts the proxy holder's voting authority to specific matters listed in the proxy document. Members can specify the issues or agenda items on which they want their proxy to vote, ensuring a more focused representation of their interests. Members should carefully draft and customize their proxy documents to reflect their intentions and desired scope of authority. They should provide specific instructions and guidelines to the proxy holder to ensure their interests are accurately represented in accordance with their preferences. In order to be valid, the Colorado Member's General Proxy must be in writing, signed by the member, and delivered to the corporation's registered office or to the individuals responsible for tabulating votes at the meeting. The proxy may be delivered electronically if the corporation allows for electronic transmissions. It is important to note that the proxy is typically revocable unless explicitly stated otherwise. Members can revoke their proxy at any time before it is exercised by submitting a written revocation to the corporation. In summary, the Colorado Member's General Proxy for Meetings of the Members of a Nonprofit Corporation is a vital tool for members who are unable to attend meetings. It empowers them to designate a proxy who will represent their interests and vote on their behalf. By opting for a general or limited proxy, members can ensure their voice is heard, their interests are protected, and the decision-making process remains inclusive and representative of all members' perspectives.
