Sec. 6. Notwithstanding IC 27-1-7-9, a member may vote by proxy only if:
(1) the proxy was solicited and obtained from the member for the express purpose of voting on the plan of conversion and the amendment to the articles of incorporation; and
(2) the proxy solicitation materials were provided to and approved by the commissioner before they were mailed or provided to the member.
As added by P.L.94-1999, SEC.3.
Structure Indiana Code
Article 15. Demutualization of Mutual Insurance Companies
Chapter 5. Voting on the Plan by Members
27-15-5-1. Submission of Plan to Vote
27-15-5-3. Notice of Opportunity to Vote; Form and Content
27-15-5-4. Notice of Opportunity to Vote; Flesch Reading Ease Score; Mailing