Which of the following statements about proxies under section 105 is correct?

Correct answer: C) A proxy need not be a member, and the articles cannot require the proxy instrument to be deposited more than forty-eight hours before the meeting

Explanation

Under section 105(1), a member entitled to attend and vote may appoint another person, whether a member or not, as his proxy. A proxy has no right to speak at the meeting and may vote only on a poll, not on a show of hands. Under section 105(4), any provision in the articles requiring the proxy instrument to be lodged more than forty-eight hours before the meeting has effect as if it specified forty-eight hours, so a seventy-two-hour requirement is not valid.