Proxy to Vote Shares Authorization Template
The Proxy to Vote Shares Authorization Template enables the owner of the stock to appoint a proxy and authorizes the proxy to represent and vote the shares in their absence. In order to properly conduct business, a minimum number of shares owned by shareholders must be present at the meeting or represented by proxy, where you would need a completed FA1050-2 AUTHORIZATION OF PROXY TO VOTE SHARES Template form, to ensure a quorum, as prescribed in the Articles of Incorporation.
Prior to beginning any meeting, the appointed secretary should determine that a proper quorum exists and inform the chairperson. Actions by shareholders can only be taken in unison or by quorum, depending on the company’s bylaws.
Proxy to Vote Shares Authorization Template Details
Format: Microsoft Word 2013 (.docx)
Category: Finance Administration
Procedure: Annual Stockholders Meetings Procedure FA1050
There are no reviews yet.