Each policyholder in a farmers’ mutual fire insurance company shall be entitled to only one vote in all policyholders’ meetings. No voting by proxy shall be permitted unless it is specially authorized in the bylaws and approved by the Commissioner.
History. Ga. L. 1923, p. 113, § 9; Code 1933, § 56-1416; Code 1933, § 56-2006, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.
Structure Georgia Code
Chapter 16 - Farmers’ Mutual Fire Insurance Companies
§ 33-16-6. Board of Directors Generally
§ 33-16-7. Power of Board to Borrow Money and Pledge Assets of Company
§ 33-16-8. Contents of Bylaws Generally; Amendment of Bylaws; Provision for Exclusion of Members
§ 33-16-10. Inclusion in Policy of Provision Against Waiver of Bylaws
§ 33-16-11. Holding of Annual and Special Meetings of Members; Notice of Meetings
§ 33-16-12. Voting by Policyholders at Meetings
§ 33-16-13. Amount of Minimum Surplus Required
§ 33-16-14. Limitations on Amounts of Risks
§ 33-16-16. Liability of Members for Losses and Expenses of Companies
§ 33-16-17. Actions by or Against Companies
§ 33-16-18. Filing of Annual Statement With Commissioner
§ 33-16-19. Examination of Companies by Commissioner; Payment of Costs of Examinations
§ 33-16-20. Exemption From Taxes, Costs, and Fees
§ 33-16-21. Applicability of Other Provisions of Title to Companies
§ 33-16-22. Conversion of Companies Into Mutual Insurance Companies