Standing proxy

Standing proxy

A standing proxy is one that exists until revoked. This is in contrast to a proxy that is designated for a temporary or one-time use. A special proxy takes priority over a standing proxy, and the standing proxy is temporarily suspended when the principal or his special proxy are present. As SEC Info notes: [ [http://www.secinfo.com/ds498.37r.d.htm SEC Info - Global Sources Ltd/Bermuda - 6-K - For 5/1/02 - EX-1 ] ]

References


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