Minnesota § 66A.38 VOTING RIGHTS

Minnesota Statutes

§ 66A.38 — VOTING RIGHTS

Minnesota § 66A.38

PartINSURANCE

Ch. 66AMUTUAL COMPANIES

This text of Minnesota § 66A.38 (VOTING RIGHTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 66A.38 (2026).

Text

Unless otherwise provided in the certificate of incorporation or an amendment thereto adopted as provided by section60A.07, subdivision 1d, or66A.39, each stockholder of a stock and mutual life insurance company shall, at all meetings, be entitled to one vote for each share of stock held and, except as otherwise provided by law, each holder of a policy entitled to participate in profits or savings shall be a member and, as such, shall be entitled to the number of votes to which that person would be entitled in a mutual company.

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Unless otherwise provided in the certificate of incorporation or an amendment thereto adopted as provided by section60A.07, subdivision 1d, or66A.39, each stockholder of a stock and mutual life insurance company shall, at all meetings, be entitled to one vote for each share of stock held and, except as otherwise provided by law, each holder of a policy entitled to participate in profits or savings shall be a member and, as such, shall be entitled to the number of votes to which that person would be entitled in a mutual company.