Statute · New York Insurance Law
N.Y. Ins. Law § 5203 — Motor vehicle accident indemnification corporation
N.Y. Ins. Law § 5203
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 5203. Motor vehicle accident indemnification corporation. (a) The non-profit corporation known as the "motor vehicle accident indemnification corporation" shall be continued.
Citator
N.Y. Ins. Law § 5203 — Motor vehicle accident indemnification corporation is in force in the current edition of the Code, and nothing recorded condemns it.
§ 5203. Motor vehicle accident indemnification corporation. (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.