2013 New York Consolidated Laws
ISC - Insurance
Article 41 - (4101 - 4121) PROPERTY/CASUALTY INSURANCE COMPANIES
4116 - Domestic mutual companies; voting rights of members.

 
    §  4116.  Domestic  mutual  companies;  voting  rights of members. The
  charter or by-laws of any domestic  mutual  property/casualty  insurance
  company may, with the approval of the superintendent pursuant to section
  one  thousand  two  hundred  nine  of  this  chapter,  provide  for  the
  distribution of voting power, at all meetings of the corporation,  among
  the  members on the basis of the amount of insurance held, the number of
  policies held, or the amount of premiums paid, by the member or  on  any
  other basis which the superintendent finds to be fair and equitable; but
  in any event every member whose insurance is in force at the time of the
  election  shall be entitled to at least one vote, and no member shall be
  entitled to more than ten votes.