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Insurance Law § 5302 · Article 53. Motor Vehicle Insurance Assigned Risk Plans

Administration

Verbatim from the official edition

Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)

§ 5302. Administration. (a) In addition to the members of the committee elected by the subscribers to administer the plan, the superintendent shall appoint annually two additional members who shall be duly licensed insurance agents or brokers representative of broad segments of the public obtaining insurance through the plan.

(b) Such committee shall establish for the benefit of applicants standards of service of participating insurers including timely issuance of policies, certificates and endorsements, financial security forms, and the collection of required deposits.

Source of truth

Edition
Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/ISC5302
Text hash
sha256 c0ebd453fa32b83c392df1377cf4dd182e926070ad03b9310939e11a43808065
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.