New York Consolidated Laws, Insurance Law - ISC § 5203. Motor vehicle accident indemnification corporation
Current as of January 01, 2021 | Updated by FindLaw Staff
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(a) The non-profit corporation known as the “motor vehicle accident indemnification corporation” shall be continued.
(b) Every insurer authorized to write motor vehicle liability insurance in this state, as a condition of its authorization, shall be and remain a member of the corporation.
(c) The corporation shall be obligated to provide the protection required by this article to a qualified person on account of a motor vehicle accident caused by owners or operators of motor vehicles occurring within the state.
Cite this article: FindLaw.com - New York Consolidated Laws, Insurance Law - ISC § 5203. Motor vehicle accident indemnification corporation - last updated January 01, 2021 | https://codes.findlaw.com/ny/insurance-law/isc-sect-5203.html
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