Proxy
Filed Under: Corporate and Commercial Law
1 definition found for this term.
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Source:
A document by which a shareholder designates another person to exercise her votes at a meeting of shareholders. The term is sometimes used to refer also to the person who is designated in such a document. Such a person, who is also sometimes referred to as a “proxy holder,” must act in accordance with the instructions of the shareholder. Until a proxy is executed by the shareholder, it is called a form of proxy. CBCA, ss. 147 and 148.