What are Proxies?

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What are Proxies?

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Anonymous 0 Comments

An agent/lawyer who speaks or signs an agreement on your behalf.

Texas and Montana has double proxy marriages. In this case two people whom the couple have signed over permission aka power of attorney, to sign on their behalf a marriage certificate. Lots of military folks do this, one is serving in some hell hole, the other back home with the folks. two people whom the couple might not, probably not ever met appear before a judge and get them married.

In corporations a lot of share holders who are not involved in how the company is run, or at least satisfied with how the board is doing will sign proxy statements allowing the board to control the vote….or there can be a proxy war where disenchanted shareholders will solicit proxies to overthrow the board.

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