Section 884.151 - Conducting Shareholders' Meeting(a) At a meeting of a stipulated premium company's shareholders, each shareholder is entitled to one vote for each fully paid share of stock appearing in the shareholder's name on the company's books.(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 stipulated premium company represents a majority of the company's paid up capital stock.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.