89. A member may vote in person or, if the charter of the company so provides, by proxy; he is entitled to only one vote, regardless of the number or amount of the contracts he owns.
Every power of attorney authorizing a proxy to vote at a general meeting must, to be valid, be given within the year preceding the meeting in question and be deposited with the secretary of the company at least ten days before the meeting. The company shall make blank power of attorney forms available to the members.
Such power of attorney shall be used only at that meeting or at its adjournments.
1974, c. 70, s. 89; 1984, c. 22, s. 31.