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Home » US Law » 2022 New York Laws » Consolidated Laws » ISC - Insurance » Article 52 - Motor Vehicle Accident Indemnification Corporation » 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.