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Voting By Proxy

Leslie Said:

Should ghosts be granted voting rights?

We Answered:

YES!

At last, someone who is sensible.

But then again, I'm for giving moose voting rights too. Given that some live in Alaska, would they have voted for or against Sarah?

Anita Said:

Corporations Law: requirement of a "quorum" and proxy voting.?

We Answered:

Unfortunately there is no way to tell based on the information you have provided. The critical additional information required is:
- what is the quorum requirement (is it 50% or higher?)
- do shareholders voting by proxy count towards the quorum amount?

I imagine you were asking this question because you don't know these answers. I would advise you to seek legal assistance, as the quorum requirements can be set through national or state legislation (and you haven't said which country you are from); but then can be modified by the constitution of the specific company.

Todd Said:

What is affirmative proxy voting?

We Answered:

Chances are, it's legal. However, to properly answer your question I would need to know your state of residence.

Discuss It!