TITLE 33 INSURANCE

Section 16. Farmers' Mutual Fire Insurance Companies, 33-16-1 through 33-16-22.

ARTICLE 7 MISCELLANEOUS PROVISIONS

33-16-12. Voting by policyholders at meetings.

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.

(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.)

The 2012 amendment, effective July 1, 2012, added "and approved by the Commissioner" at the end of this Code section.