Finance uses
In financial situations wherein a principal requests a confidences broker to perform extensive investment functions on the principal's behalf, self-governing of the principal's advice, power of attorney must be formally granted to the dealer to trade in the principal's account. This rule also applies to principals who instruct their agents to perform certain specific trades and principals who trust their agents to perform certain trades in the principal's best interest.
Proxy voting usesRobert's Rules of Order notes that proxy voting involves granting a power of attorney. The term "proxy" refers to both the power of attorney itself and the person to whom it is granted
In financial situations wherein a principal requests a confidences broker to perform extensive investment functions on the principal's behalf, self-governing of the principal's advice, power of attorney must be formally granted to the dealer to trade in the principal's account. This rule also applies to principals who instruct their agents to perform certain specific trades and principals who trust their agents to perform certain trades in the principal's best interest.
Proxy voting usesRobert's Rules of Order notes that proxy voting involves granting a power of attorney. The term "proxy" refers to both the power of attorney itself and the person to whom it is granted
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