31A-5-401.1. Definitions.
As used in this Part 4:
(1) "Voting members of mutuals" and "voting members" mean persons entitled to vote at
annual or special meetings of the members of a mutual, as set forth in the articles of
incorporation or amendments to the articles.
(2) Voting members of mutuals and voting members do not necessarily include
policyholders of the mutual, if the articles of incorporation or amendments to the articles of
incorporation so provide, and if the articles of incorporation or amendments have been approved
by the commissioner after a hearing.
Amended by Chapter 90, 2004 General Session
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Last revised: Thursday, May 28, 2009