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.