Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle F. FARM AND COUNTY MUTUAL INSURANCE COMPANIES |
Chapter 912. COUNTY MUTUAL INSURANCE COMPANIES |
Subchapter B. ORGANIZATION OF COUNTY MUTUAL INSURANCE COMPANY; DIRECTORS |
Sec. 912.058. VOTING BY POLICYHOLDERS
Latest version.
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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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.