By: Shine (Senate Sponsor - Kolkhorst) H.B. No. 3496
(In the Senate - Received from the House May 5, 2017;
May 8, 2017, read first time and referred to Committee on Business &
Commerce; May 17, 2017, reported favorably by the following vote:
Yeas 7, Nays 0; May 17, 2017, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to voting procedures for policyholders of farm mutual
insurance companies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 911.065, Insurance Code, is amended by
adding Subsection (c) to read as follows:
(c) A farm mutual insurance company may provide in its
constitution or bylaws that a policyholder may vote electronically
or by mail without making a personal appearance at a policyholders'
meeting.
SECTION 2. This Act takes effect September 1, 2017.
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