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Texas Insurance Code

§ 912.058 — VOTING BY POLICYHOLDERS

IN § 912.058Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES · Ch. 912. COUNTY MUTUAL INSURANCE COMPANIES · Art. B. ORGANIZATION OF COUNTY MUTUAL INSURANCE COMPANY; DIRECTORS

Statute text

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(a)Each policyholder of a county mutual insurance company is entitled to only one vote at a policyholders' meeting.
(b)A policyholder may not vote by proxy unless the company's bylaws specifically authorize voting in that manner.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.