Tex. Insurance Code § 882.155

This is the official text of Tex. Insurance Code § 882.155, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 882.155. VOTING BY POLICYHOLDERS.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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