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<h1>Proxy appointment rights govern who may vote by proxy and set formal, deposit, and inspection requirements for meetings.</h1> Members entitled to attend and vote may appoint a proxy to attend and vote on their behalf, subject to limits on speaking and voting rights, exclusions for companies without share capital and prescribed classes, and a prescribed cap on the number of members and shares a proxy may represent. Notices must state proxy entitlement; failure incurs officer liability. Proxy instruments must be written and signed or sealed, prescribed forms are immune from article-specific formal challenges, deposit periods exceeding forty-eight hours are reduced to forty-eight hours, officers issuing invitational proxy forms at company expense face penalties, and members may inspect lodged proxies with prior notice.
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