Pennsylvania Statutes Title 40 P.S. Insurance § 478. Buying proxies prohibited

It shall be unlawful for any person, firm, or corporation, or the officers, directors, trustees, employes, attorneys, or representatives of any stock or mutual insurance company, incorporated under the laws of this Commonwealth or the laws of any other State or foreign country, to give or promise money or anything of value to the owners or holders of capital stock of any insurance company, or to the members of any mutual insurance company, incorporated under the laws of this Commonwealth, with intent to secure the voting proxy of any share or shares of such capital stock or of any member; and no proxy or proxies so obtained shall be voted at any stockholders' or members' meeting of any insurance company incorporated under the laws of this Commonwealth.