Alabama Code (Last Updated: November 28, 2014) |
Title27 INSURANCE. |
Chapter27. ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS. |
§27-27-25. Corrupt or dishonest practices in meeting of stockholders or members.
Latest version.
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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.