New York Statutes

§ 5301 — Participation in assigned risk plans

New York § 5301
JurisdictionNew York
Law ISCInsurance
Art. 53Motor Vehicle Insurance Assigned Risk Plans

This text of New York § 5301 (Participation in assigned risk plans) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Insurance § 5301 (2026).

Text

§ 5301. Participation in assigned risk plans.

(a)All insurers\nlicensed to write motor vehicle insurance in this state shall subscribe\nto and participate in the reasonable plan or plans, approved, or which\nmay be approved, by the superintendent after consultation with such\ninsurers, for equitable apportionment among such insurers of applicants\nfor such insurance who are in good faith entitled to but are unable to\nprocure it through ordinary methods.\n (b) Amendments to the plan may be made by the committee designated to\nadminister the plan, subject to the approval of the superintendent, or\nshall be made at the direction of the superintendent.\n

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New York § 5301, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/ISC/5301.