1. The Laws of New York
  2. Consolidated Laws
  3. Insurance
  4. Article 52: Motor Vehicle Accident Indemnification Corporation

Section 5203 Motor vehicle accident indemnification corporation

Insurance (ISC)

(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.