40-1206. Number of votes of members.

40-1206

Chapter 40.--INSURANCE Article 12.--MUTUAL INSURANCE COMPANIES OTHER THAN LIFE

      40-1206.   Number of votes of members.Every member of the company shall be entitled to one vote, or to anumber of votes based upon the insurance in force, the number of policiesheld, or the amount of premiums paid, as may be provided in the bylaws.

      History:   L. 1927, ch. 231, 40-1206; June 1.