New York Statutes

§ 353 — When commissioner may release proof

New York·Law VAT Vehicle & Traffic·Title 3 Safety Responsibility; Financial Security; Equipment; Inspection; Size and Weight; and Other Provisions·Art. 7 Motor Vehicle Safety Responsibility Act
§ 353. When commissioner may release proof. The commissioner shall\nupon request consent to the cancellation of any bond or insurance policy\nor return to the person entitled thereto any money or securities,\ndeposited pursuant to this article as proof of financial responsibility,\nor waive the requirement of filing proof of financial responsibility in\nany of the following events:\n (1) In the event of the death of the person on whose behalf such proof\nwas filed, or the permanent incapacity of such person to operate a motor\nvehicle; or\n (2) In the event the person who has given proof of financial\nresponsibility surrenders his operator's or chauffeur's license,\nregistration certificates and registration plates to the commissioner,\nbut the commissioner shall not release such proof

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