When a stockholder sends in a proxy statement to a corporation he or she owns stock in, they relinquish their voting rights to the officers of the corporation.

Name: When a stockholder sends in a proxy statement to a corporation he or she owns stock in, they relinquish their voting rights to the officers of the corporation.
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A proxy statement allows a stockholder to authorize someone else to vote on their behalf, but it does not automatically relinquish voting rights to the officers of the corporation.

When a Stockholder Sends in a Proxy Statement to a Corporation