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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.