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Usually, proxy votes are signed by owners who cannot attend the annual meeting.
As well, best practices dictate that proxy votes can be cast on votes for agenda items only.
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∙ 13y ago
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Can a proxy create another proxy to act on their behalf?
its up to each circumstance, but generally no, and people that have accepted being a proxy have been sucessfully sued for not lodging the votes they agreed to.
What is it called when a stockholder who cannot attend a stockholders' meeting but can submit via votes?
Proxy
Can a proxy be used in the election of board members for condo association?
Read your governing documents to learn more about how proxies can be used in board elections in your association. Usually, an owner receives a document which can serve as either a ballot or a proxy. So long as the owner's signature is on the document, and it can be identified as a proxy, it can be used as such. However, it can only be used for one or the other purpose, not both.
Can a board member vote by proxy?
Generally, association members may assign their votes to whomever they choose, and this may be a board member. It is possible that a member assigns an open proxy, or may assign a chosen proxy, usually by vote-able action. With an open proxy, the proxy holder can choose how to vote; with an assigned proxy -- with choices clearly voted on by the member -- then the proxy holder is required to vote according to the member's directive. One caveat is this, however: commonly, board members may not assign proxies to other board members for board votes. Read your governing documents to determine the exact voting procedure in place in your association, and if they are silent, locate the state law governing the type of association involved, or the type of corporation involved, where your answer may be dictated.
Attending majority of the shareholders?
An opinion: "Attending majority" may be defined as the majority of members of a formal group who are present in person or by proxy. When proxy votes are cast, the voting business of the meeting is limited to that stated in the meeting's announcement.
Is it legal in NC for a board member to try and persuade owners to change their ballots pertaining to an assessment?
Voting in an association is the right of every owner. As in a citizen's vote, your responsibility is to understand the issue and vote according to your own conclusion. Owners can vote in person, by written ballot, or by proxy. If a board member -- or any owner-- wants to collect proxies, then all the votes represented by proxies can be used to vote one way. Once an owner has voted, either in person or by ballot, it's improper for anyone to attempt to change an owner's vote. Once cast, a vote cannot be changed. In some states, assessments are not voted on by the members, rather the board votes to approve assessments. Then assessments are ratified by the members. Ratification is automatic unless a percentage of owners -- your governing documents will specify the number -- appear in person, by written ballot, or by proxy, to defeat the assessment. (Often, association budgets are passed and ratified in the same way. Again, specific governing documents will clarify the process and percentage specific for each association.)
Who is votes made The US Constitution legal?
New Hampshire~
Can a homeowners association sell off part of its common area without 100 percent agreement by all homeowners?
Read your governing documents to determine the process required to sell part of the common area. This may require an uber-majority of owners' votes, an amendment to your CC&Rs and so forth. Your association's legal counsel can answer this question specifically.
Can proxy vote can be counted as quorum?
I am not a parliamentarian and may be completely off-base, but I don't think a proxy vote counts toward a quorum. A proxy vote may work on a given question that comes before the committee, but a quorum is based on members actually present in the room. However, different groups may define quorum differently, and as long as their definition isn't in conflict with applicable law, I suppose a group could define quorum as including any persons submitting votes by proxy.
When do you use a proxy under Robert's rules of order?
Proxies are not permitted by default under Robert's Rules of Order. If an organization wishes to allow proxy votes, it must include complete rules for it in the bylaws.Sometimes however, the law will require an organization to allow proxies, even if it has adopted Robert's Rules of Order. In such cases, the law takes precedence.
Is the word owners' plural or singular?
The possessive form of the plural noun managers is managers'.Example: The managers' salaries are not much higher than ours.
Is it legal to auction off your vote for President on eBay?
I would think not, considering your not allowed to "buy" votes for money.
