Members can no longer vote on anything meaningful.  From the article: *&quot;Likewise, in the 1998 election members voted on the first board pay raise in 15 years. But since 2002, the board sets its own compensation, a policy REI says is “consistent with companies of similar size and scope.”&quot;<p>State Farm Mutual Insurance Company, which is owned by its policyholders, no longer lets its members vote on anything. There was a time when policyholders got an annual ballot, but it only had one choice for directors plus a write-in blank.