An officer, employee or agent of the corporation who asks for, receives, procures to be obtained or uses a proxy vote in violation of § 56-18-106 shall be punished by a fine of not less than one hundred dollars ($100), nor more than three hundred dollars ($300), and any proxy vote so obtained shall be null and void.
Structure 2021 Tennessee Code
Chapter 18 - Mutual Life Insurance Companies
§ 56-18-101. Mutual Associations — Insuring Members
§ 56-18-103. Board of Directors — Powers — Qualifications
§ 56-18-104. Division of Board of Directors — Classification — Terms
§ 56-18-107. Voting False Proxy — Penalty
§ 56-18-109. Plan of Mutualization
§ 56-18-113. Officers of Stock Corporation Become Officers of New Mutual Corporation
§ 56-18-114. Powers of Corporation Upon Conversion
§ 56-18-116. Abandonment of Conversion of Stock Life Insurance Company Into Mutual