Indiana General Form of Corporate Proxy Vote
Description
How to fill out General Form Of Corporate Proxy Vote?
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FAQ
Definition. A person designated by another to attend a shareholders' meeting and vote on their behalf.
A general proxy authorizes the person to whom it is entrusted to exercise general discretion throughout the matter in hand, while a special proxy limits the authority to some special proposal or resolution.
Key Takeaways. A proxy is an agent legally authorized to act on behalf of another party. The proxy may also allow an investor to vote without being physically present at the annual shareholder's meeting.
Shareholders send in a card (called a proxy card) on which they mark their vote. The card authorizes a proxy agent to vote the shareholder's stock as directed on the card. The proxy card may specify how shares are to be voted or may simply give the proxy agent discretion to decide how the shares are to be voted.
Proxy voting is a form of voting whereby a member of a decision-making body may delegate their voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external.
Proxy voting in a nutshell A proxy vote is a type of voting in which members of a decision-making group can delegate their voting authority to another person. In the United States, a "proxy statement," which provides an overview of the meeting agenda, is mailed to shareholders prior to the annual meeting.
Rather than physically attending the shareholder meeting, investors may elect someone else, such as a member of the company's management team, to vote in their place. This person is designated as a proxy and will cast a proxy vote in line with the shareholder's directions as written on their proxy card.
A proxy vote is a ballot cast by one person or firm for a company's shareholder who can't attend a meeting, or who doesn't want to vote on an issue. Prior to a company's annual meeting, eligible shareholders may receive voting and proxy information before a shareholder vote.
A Proxy Vote is a delegation of voting authority to a representative on behalf of the original vote-holder. The party who receives the authority to vote is known as the Proxy and the original vote-holder is known as the Principal. The concept is important in financial markets and particularly with public companies.
For # 1, simply put in your unit number, such as 1010 or 4. For # 2, print the name of the person to whom you are giving your proxy form. It can be a friend, a relative, a neighbour, or the manager, or the president of the condo, or a board member. It is preferable that this is a person you trust.
