Indiana § 27-1-7-9 Voting rights of policyholders and members; proxy votes

Indiana Statutes

§ 27-1-7-9 — Voting rights of policyholders and members; proxy votes

Indiana § 27-1-7-9

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 7General Corporate Powers and Responsibilities of

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Bluebook

Ind. Code § 27-1-7-9 (2026).

Text

Except as otherwise provided in the articles of
incorporation every policyholder or member, in all companies other
than stock companies, shall have the right to one (1) vote at every
policyholders' or members' meeting, regardless of the number of
policies or amount of insurance he may have with such company.
Any policyholder or member may vote either in person or by proxy
executed in writing by the policyholder or by a duly authorized attorney
in fact. Unless a longer time is expressly provided therein, no proxy
hereafter given shall be valid after eleven (11) months from the date of
its execution.
Formerly: Acts 1935, c.162, s.87.

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Except as otherwise provided in the articles of
incorporation every policyholder or member, in all companies other
than stock companies, shall have the right to one (1) vote at every
policyholders' or members' meeting, regardless of the number of
policies or amount of insurance he may have with such company.
Any policyholder or member may vote either in person or by proxy
executed in writing by the policyholder or by a duly authorized attorney
in fact. Unless a longer time is expressly provided therein, no proxy
hereafter given shall be valid after eleven (11) months from the date of
its execution.
Formerly: Acts 1935, c.162, s.87.