South Carolina § 38-19-50 - Use of proxies.
Full text of South Carolina South Carolina Code of Laws § 38-19-50 — Use of proxies., with citation guidance and answers to common questions.
§ 38-19-50. Use of proxies.
(A) A member of a domestic mutual insurer may vote in person or by proxy on any matter coming before a corporate meeting of members. An appointment of proxy is effective when received by the secretary or other officer or agent authorized to tabulate votes. Unless a time of expiration is otherwise specified, an appointment is valid for eleven months.
(B) No member's vote upon any proposal (1) to divest the insurer of its business and assets, or the major part of it, or (2) to change the corporate structure of the insurer as provided in Article 9 of this chapter may be registered or taken except in person or by a proxy newly executed and specific as to the matter to be voted upon.
(C) No proxy may be utilized by a domestic mutual insurer subject to the provisions of this chapter unless the language and form of the proxy have been approved by the director or his designee.
HISTORY: Former 1976 Code SECTION 38-19-50 [1962 Code SECTION 37-824; 1971 (57) 1001] recodified as SECTION 38-31-50 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-11-250 [1947 (45) 322; 1952 Code SECTION 37-375; 1962 Code SECTION 37-375] recodified as SECTION 38-19-50 by 1987 Act No. 155, SECTION 1; 1988 Act No. 334, SECTION 4; 1993 Act No. 181, SECTION 552; 1997 Act No. 68, SECTION 6.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-19-50
What does South Carolina Code of Laws § 38-19-50 cover?
Section 38-19-50 ("Use of proxies.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 38-19-50?
A common citation format is "South Carolina Code of Laws § 38-19-50" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 38-19-50 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.