Current through September 16, 2024
1. The form of
proxy must:
(a) Contain a statement in
boldface type whether or not the proxy is solicited on behalf of the
management;
(b) Provide a
specifically designed blank space for dating the proxy; and
(c) Identify clearly and impartially each
matter or group of related matters intended to be acted upon, whether proposed
by the management or by security holders.
No reference need be made to
proposals for which discretionary authority is conferred by subsection 3 of
this section.
2.
(a) Means must be provided in the proxy for
the person solicited to specify by ballot a choice between approval or
disapproval of each matter or group of related matters referred to, other than
elections to office. A proxy may confer discretionary authority with respect to
matters for which a choice is not specified if the form of proxy states in
boldface type how it is intended to vote the shares or authorization
represented by the proxy in each case.
(b) A form of proxy which provides both for
elections to office and for action on other specified matters must be prepared
so as to provide, by a box or otherwise, means by which the security holder may
withhold authority to vote for elections to office. Any such form of proxy
which is executed by the security holder in a manner which does not withhold
authority to vote for elections to office may be deemed to grant such authority
if the form of proxy so states in boldface type.
3. A proxy may confer discretionary authority
with respect to other matters which may come before the meeting, if the persons
on whose behalf the solicitation is made are not aware a reasonable time before
the solicitation is made that any other matters are to be presented for action
at the meeting, and a specific statement to that effect is made in the proxy
statement or in the form of proxy.
4. The proxy statement or form of proxy must
provide, subject to reasonable conditions specified on the statement or form,
that:
(a) The proxy will be voted;
and
(b) Where the person solicited
specified by means of a ballot provided to the person pursuant to subsection 2
of this section a choice with respect to any matter to be acted upon, the vote
will be in accordance with the specifications so made.
5. The information included in the proxy
statement or information statement must be clearly presented and the statements
made must be divided into groups according to subject matter, with appropriate
headings. All printed proxy statements or information statements must be
clearly and legibly presented.
Comm'r of Insurance, M-4
§ 6, eff. 5-13-72
NRS
679B.130,
693A.100
