Texas Insurance Code 883.058 – Membership Votes
Current as of: 2024 | Check for updates
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Each member of a mutual insurance company is entitled to one vote on each matter submitted to a vote unless a different number of votes is authorized by the company’s bylaws based on:
(1) the insurance in force;
(2) the number of policies held by the member; or
(3) the amount of the premium paid by the member.