Tex. Insurance Code § 882.155: VOTING BY POLICYHOLDERS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES
- SUBTITLE E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES
- CHAPTER 882. MUTUAL LIFE INSURANCE COMPANIES
- SUBCHAPTER D. MANAGEMENT OF MUTUAL LIFE INSURANCE COMPANY
(a) At an annual or special meeting of a mutual life insurance company, each policyholder is entitled to one vote for each $500 of insurance held by the policyholder in the company.
(b) A policyholder may vote at an annual or special meeting by proxy, unless the proxy is revoked before the meeting.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON