Section 9101 Of Chapter 7. Fraternal Fire Insurers From California Insurance Code >> Division 2. >> Part 1. >> Chapter 7.
9101
. The meeting of members at which the transaction is voted upon
shall be preceded by a written or printed notice of the meeting and
of the purpose to vote thereat upon the plan or agreement for
reinsurance, transfer and assumption, addressed to each member of
record on the date of the notice and mailed at least 30 days before
the date fixed for the meeting. The presence in person or by proxy of
5 percent of the members of such organization or association
entitled to vote shall constitute a quorum unless a higher percentage
is required by the articles of incorporation, association, bylaws,
rules or regulations or other organization or governing documents. In
the absence of a quorum, the members present at the meeting in
person or by proxy may adjourn the meeting to a later date and no
further notice need be given of the date to which the meeting is
adjourned.