Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
66A.38 VOTING RIGHTS.
Unless otherwise provided in the certificate of incorporation or an amendment thereto
adopted as provided by section 60A.07, subdivision 1d, or 66A.39, each stockholder of a stock
and mutual life insurance company shall, at all meetings, be entitled to one vote for each share of
stock held and, except as otherwise provided by law, each holder of a policy entitled to participate
in profits or savings shall be a member and, as such, shall be entitled to the number of votes to
which that person would be entitled in a mutual company.
History: 1967 c 395 art 2 s 35; 1986 c 444; 2005 c 69 art 2 s 18; art 3 s 11
Unless otherwise provided in the certificate of incorporation or an amendment thereto
adopted as provided by section 60A.07, subdivision 1d, or 66A.39, each stockholder of a stock
and mutual life insurance company shall, at all meetings, be entitled to one vote for each share of
stock held and, except as otherwise provided by law, each holder of a policy entitled to participate
in profits or savings shall be a member and, as such, shall be entitled to the number of votes to
which that person would be entitled in a mutual company.
History: 1967 c 395 art 2 s 35; 1986 c 444; 2005 c 69 art 2 s 18; art 3 s 11
Official Publication of the State of Minnesota
Revisor of Statutes