New York Laws
ISC - Insurance
Article 52 - Motor Vehicle Accident Indemnification Corporation

5201 - Title and Purpose. - (b) The legislature finds and declares that the motor vehicle...

5202 - Definitions. - (a) "Motor vehicle" means a motor vehicle as defined in...

5203 - Motor Vehicle Accident Indemnification Corporation. - (b) Every insurer authorized to write motor vehicle liability insurance...

5204 - Board of Directors. - (b) Each director shall serve for a term of two...

5205 - Liability of Directors and Members. - (b) No member shall be subject to any liability except...

5206 - Powers of Corporation. - (a) To use a corporate seal, to contract, to sue...

5207 - Assessments Against Members. - (b) Each member shall be liable to the corporation for...

5208 - Notice of Claim. - (1) Any qualified person having a cause of action because...

5209 - Investigation and Defense of Claims. - (b) The corporation may through counsel appear and defend in...

5210 - Application for Payment of Judgment. - (1) twenty-five thousand dollars on account of injury to one...

5211 - Hearing on Application for Payment of Judgment. - (1) the petitioner is a qualified person; (2) the petitioner...

5212 - Order for Payment of Judgment. - § 5212. Order for payment of judgment. The court shall...

5213 - Settlement of Claims or Actions. - (1) the claimant has complied with the requirements prescribed in...

5214 - Default and Consent Judgments. - (b) When the corporation receives notice of intention to enter...

5215 - Collusive Judgments. - § 5215. Collusive judgments. No claim against the corporation shall...

5216 - Assignments of Judgments to Corporation. - (b) After assignment the corporation shall be entitled to enforce...

5217 - "Hit and Run" Causes of Action. - § 5217. "Hit and run" causes of action. The protection...

5218 - Procedure for "Hit and Run" Cases. - (b) The court may proceed upon the application in a...

5219 - Disclaimer or Denial of Coverage Cases. - § 5219. Disclaimer or denial of coverage cases. If a...

5220 - Notice of Judgment to Commissioner. - § 5220. Notice of judgment to commissioner. The corporation shall...

5221 - "No-Fault" Benefits to Qualified Persons. - (b) (1) Notwithstanding the provisions of this article, the corporation...

5222 - Examination of Corporation. - § 5222. Examination of corporation. The superintendent shall make an...

5224 - Penalty for False Statements. - § 5224. Penalty for false statements. Any person and any...

5225 - Exemption From Taxation. - § 5225. Exemption from taxation. The corporation shall be exempt...