1. Every person legally entitled to vote at any election, or on any question relating to the management or business of any insurance company organized under the laws of this state, may cast his vote by proxy; but the proxy shall be a legal voter of the company, and the authority to cast the vote shall be in writing and shall state the name of the person authorized to cast the vote and the date of the meeting at which the vote shall be cast.

2. The director shall have power to adopt reasonable rules and regulations relative to the solicitation by domestic stock insurers of proxies, consent and authorization with respect to equity securities of the stock insurers.