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

Section 5205 Liability of directors and members

Insurance (ISC)

(a) No director shall be individually liable for anything done or any liability incurred or assumed by virtue of this article and any such liability shall be collectible only from the corporation.

  (b) No member shall be subject to any liability except for unpaid assessments.