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Home » US Law » 2022 Code of Alabama » Title 27 - Insurance. » Chapter 27 - Organization and Corporate Procedures of Stock and Mutual Insurers. » Section 27-27-25 – Corrupt or Dishonest Practices in Meeting of Stockholders or Members.

Section 27-27-25

Corrupt or dishonest practices in meeting of stockholders or members.

No person shall buy, or sell or barter a vote or proxy relative to any meeting of stockholders or members of an insurer or engage in any corrupt or dishonest practice in, or relative to, the conduct of any such meeting. Violation of this section shall be punishable as provided in Section 27-1-12.

(Acts 1971, No. 407, p. 707, §521.)