Washington § 48.09.150 Voting—Proxies.

Washington Statutes

§ 48.09.150 — Voting—Proxies.

Washington § 48.09.150

Title 48INSURANCE

Ch. 48.09MUTUAL INSURERS

This text of Washington § 48.09.150 (Voting—Proxies.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 48.09.150 (2026).

Text

(1)A member of a domestic mutual insurer may vote in person or by proxy given another member on any matter coming before a corporate meeting of members.

(2)An officer of the insurer shall not hold or vote the proxy of any member.

(3)No such proxy shall be valid beyond the earlier of the following dates:

(a)The date of expiration set forth in the proxy; or

(b)the date of termination of membership; or

(c)five years from the date of execution of the proxy.

(4)No member's vote upon any proposal to divest the insurer of its business and assets, or the major part thereof, shall be registered or taken except in person or by a proxy newly executed and specific as to the matter to be voted upon.

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(1) A member of a domestic mutual insurer may vote in person or by proxy given another member on any matter coming before a corporate meeting of members.

(2) An officer of the insurer shall not hold or vote the proxy of any member.

(3) No such proxy shall be valid beyond the earlier of the following dates:

(a) The date of expiration set forth in the proxy; or

(b) the date of termination of membership; or

(c) five years from the date of execution of the proxy.

(4) No member's vote upon any proposal to divest the insurer of its business and assets, or the major part thereof, shall be registered or taken except in person or by a proxy newly executed and specific as to the matter to be voted upon.