Idaho Agreement and Irrevocable Proxy

State:
Multi-State
Control #:
US-EG-9410
Format:
Word; 
Rich Text
Instant download

Description

Agreement and Irrevocable Proxy between _______ (Stockholder) and Wiser Investment Company, LLC regarding purchase of stocks dated December 13, 1999. 7 pages.
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FAQ

37-2732. Prohibited acts A ? Penalties. (a) Except as authorized by this chapter, it is unlawful for any person to manufacture or deliver, or possess with intent to manufacture or deliver, a controlled substance.

(1) A person acting in good faith who seeks medical assistance for any person experiencing a drug-related medical emergency shall not be charged or prosecuted for possession of a controlled substance pursuant to section 37-2732(c) or (e), Idaho Code, for using or being under the influence of a controlled substance ...

In most cases, proxies that have a proprietary interest in the organization where they also act as agents of the principal are irrevocable. This means that the principal may not terminate the relationship before the expiry of the agreed period.

37-2739B. Fixed minimum sentences in drug cases. (a) The legislature intends to allow fixed minimum sentences for certain aggravating factors found in cases brought under the uniform controlled substances act.

(o) "Drug paraphernalia" means all equipment, products and materials of any kind used, intended for use, or designed for use in planting, propagating, cultivating, growing, harvesting, manufacturing, compounding, converting, producing, processing, preparing, testing, analyzing, packaging, repackaging, storing, ...

(g) (1) It is unlawful for any person to manufacture or distribute a "simulated controlled substance," or to possess with intent to distribute a "simulated controlled substance." Any person who violates this subsection shall, upon conviction, be guilty of a misdemeanor and upon conviction thereof shall be punished by a ...

Proxy agreements are used in a variety of industries but are commonly executed when a shareholder appoints a proxy to exercise voting rights within a corporation. Usually a proxy is revocable, however an irrevocable proxy includes language in the contract that prohibits revocation for an agreed upon amount of time.

The irrevocable proxy is an enforceable power given by an owner to. exercise his voting rights independently of his future consent. He may. accomplish the same result through a voting or pooling contract, or by. means of a voting trust.

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Idaho Agreement and Irrevocable Proxy