In no event shall a proxy given by a member of a mutual insurance company, unless coupled with an interest, be voted on or utilized to express consent or dissent to corporate action after 11 months from the date of execution of the proxy.
(July 9, 2013, P.L.476, No.67, eff. 60 days)
Cross References. Section 3135 is referred to in section 1759 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 31 - Insurance Corporations
Section 3101 - Application and effect of chapter
Section 3122 - Distributions by insurance corporations
Section 3133 - Notice of meetings of members of mutual insurance companies
Section 3134 - Quorum at shareholder or member meetings
Section 3135 - Proxies of members of mutual insurance companies
Section 3136 - Judges of election