Form with which a shareholder who has granted another the right to vote on his/her behalf may revoke the granting of that right.
New Mexico Revocation of Proxy — Corporate Resolutions is a legal document that allows a shareholder of a corporation in New Mexico to revoke their previously given proxy authority. A proxy is a legal instrument that authorizes someone (the "proxy holder") to vote on behalf of the shareholder at a corporate meeting. The purpose of this document is to provide shareholders with the ability to change their mind and retract the authority they have given to the proxy holder. This may arise from a variety of reasons, such as a change in the shareholder's voting preferences, a loss of trust in the proxy holder, or the shareholder wanting to exercise their voting rights personally. Keywords: New Mexico, Revocation of Proxy, Corporate Resolutions, shareholder, proxy authority, proxy holder, corporate meeting, voting preferences, voting rights. There may be different types of New Mexico Revocation of Proxy — Corporate Resolutions, depending on the specific circumstances and requirements. Some possible types include: 1. General Revocation of Proxy: This type of revocation applies to all proxies previously given by the shareholder and revokes all proxy authority granted to the proxy holder. 2. Specific Revocation of Proxy: In certain situations, a shareholder may want to revoke only a specific proxy granted for a particular corporate resolution or meeting. This type of revocation allows the shareholder to specify the proxy or proxies they wish to revoke. 3. Limited Duration Revocation of Proxy: This type of revocation restricts the revocation's effect to a specific period of time. It may be useful when a shareholder wants to temporarily reclaim their voting rights but intends to delegate proxy authority again in the future. 4. Automatic Revocation of Proxy: Some jurisdictions, including New Mexico, may have laws that automatically revoke a proxy when the shareholder attends the corporate meeting in person. This type of revocation does not require any specific action from the shareholder. It is important to consult with a legal professional or refer to the specific laws and regulations of New Mexico to determine the appropriate type of New Mexico Revocation of Proxy — Corporate Resolutions to be used in a particular situation.
