Tex. Insurance Code § 841.151
CONDUCTING SHAREHOLDERS' MEETING
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 841.151, CONDUCTING SHAREHOLDERS' MEETING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679295
- Permanent ID
ys:prov:679295@1- SHA-256
a7449f33ab8d78419a72bed7513ca802842d64c2ca9dbcd3c3d33e51bf15b46b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) At a meeting of a domestic insurance company's shareholders, each shareholder is entitled to one vote for each fully paid up share of stock appearing in the shareholder's name on the company's books, except to the extent that the articles of incorporation increase, limit, or deny voting rights to the holders of the shares of a class of stock as authorized by the Texas Business Corporation Act.
(b) A shareholder may vote in person or by written proxy.
(c) At a shareholders' meeting, a quorum is any number of shareholders whose cumulative stock ownership in the domestic insurance company represents a majority of the company's paid up capital stock.