Voting False Proxy — Penalty

Checkout our iOS App for a better way to browser and research.

An officer, employee or agent of the corporation who asks for, receives, procures to be obtained or uses a proxy vote in violation of §56-18-106 shall be punished by a fine of not less than one hundred dollars ($100), nor more than three hundred dollars ($300), and any proxy vote so obtained shall be null and void.


Download our app to see the most-to-date content.