New York Insurance Law Section 5203 - Motor vehicle accident indemnification corporation.

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.


Last modified: February 3, 2019