HABITAT
Subscribe for Daily Updates!
Can we submit a 'directed' proxy prior to the annual meeting in a coop? The coop distributes proxies which you then fax or hand in at the meeting for a ballot. But can we request and/or submit directed ones?
Join the Conversation Comments (1)Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat u
visit habitat uHabitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Archives
search
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!
There are no statutes within the Non-Stock Corporation act or the Condominium Act that address directed proxies. Therefore, unless your association’s Bylaws or Articles of Incorporation specifically prohibit their use, your association should be able to use directed proxies.
The directed proxy should have the general proxy language, and it will also list each item up for vote and allow the owner giving the proxy to “direct” the proxy-holder how to vote on each item.
The use of directed proxies may help boost attendance-by-proxy at owners’ meetings, if owners understand that the directed proxy allows them to truly control their vote even in their absence.
(quoted from whdlaw.com)
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.