Proxy voting refers to the procedure of delegating the right to vote by one person to another. In proxy voting in the absence of a person his/her vote will be secured by some other person. A person so designated to cast the vote of another is called a "proxy" and the person who delegates the power is called a principal. A voter must have a trust in the proxy. Any person including the official of the chosen party can be appointed as the proxy.
A proxy can also be revoked unless the terms of the proxy say otherwise.
A Texas Proxy — Revocable is a legal arrangement that allows an individual (the principal) to grant another person (the proxy) the authority to make decisions and act on their behalf. This type of proxy is specifically enforced under the laws of Texas. A Texas Proxy — Revocable serves as a flexible tool that can be used in various situations. It can be particularly useful when a principal requires assistance with decision-making or has limited physical presence or capacity to act in certain matters. The key feature of a revocable proxy is that the principal retains the power to revoke or terminate the proxy arrangement at any time. There are different types of Texas Proxy — Revocable, each catering to specific needs and circumstances. These include: 1. General Proxy: This type of proxy grants the designated person broad authority to act on behalf of the principal in various matters. It can include financial, legal, or administrative decisions. 2. Medical Proxy: Also known as a healthcare proxy or medical power of attorney, this proxy specifically focuses on medical decisions. It allows the proxy to make healthcare choices on the principal's behalf, especially in cases where the principal is incapacitated or unable to communicate their wishes. 3. Financial Proxy: This type of proxy grants the proxy authority to handle financial matters on behalf of the principal. This can include managing bank accounts, paying bills, investing, or buying/selling assets. 4. Business Proxy: A business proxy empowers an individual to represent the principal in business-related matters, such as signing contracts, making important decisions, or attending meetings on their behalf. It is important to note that the proxy arrangement in Texas must adhere to specific legal requirements. The proxy document must be in writing, signed by the principal, and should clearly outline the extent of the proxy's authority. Additionally, the principal retains the right to revoke or modify the proxy at any time, provided they are mentally competent to do so. Overall, a Texas Proxy — Revocable is a valuable legal tool that enables individuals to delegate decision-making authority to trusted proxies while maintaining the ability to revoke or modify the arrangement as needed.
