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The bylaws of some corporations permit transfer of proxies to other shareholders of record; others completely prohibit such transfer, or prohibit proxies altogether (small companies, in particular).

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Q: Can someone holding proxy votes transfer those proxies to another person?
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Is holding proxies for a HOA for personal gain legal?

There are several assumptions in your question, which cloud any potential answer. First, that the vote at hand involves personal gain for someone involved in the vote. Second, the action of holding proxies may or may not be to vote: holding them may be to deny the vote. Third, read your governing documents to determine the use of proxies. If you are convinced that there is illegal activity involved, you can work with an association-savvy attorney to help you handle the matter. Be prepared to produce evidence of your assumptions for the attorney in order to encourage the attorney to take your case.


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A wire transfer is where money is sent to someone else at another location,a transfer is when money is taken from one account you hold and put into another account you hold. It's a different process. A transfer is usually much quicker than a wire. I don't know how helpful this was, but there you go.


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