New York § 361 Self-insurers

New York Statutes

§ 361 — Self-insurers

New York § 361

Law VATVehicle & Traffic

Title 3Safety Responsibility; Financial Security; Equipment; Inspection; Size and Weight; and Other Provisions

Art. 7Motor Vehicle Safety Responsibility Act

This text of New York § 361 (Self-insurers) 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. Vehicle & Traffic § 361 (2026).

Text

§ 361. Self-insurers.

(a)This article, except sections three hundred\nthirty-nine and three hundred fifty-nine, shall not apply to any person\nhaving registered in his name in this state more than twenty-five motor\nvehicles if such person shall obtain from the commissioner a certificate\nof self-insurance as provided for in subdivision (b) of this section.\n (b) The commissioner may, in his discretion, upon the application of\nsuch a person, issue a certificate of self-insurance when he is\nreasonably satisfied that such person is possessed and will continue to\nbe possessed of financial ability to respond to judgments, as\nhereinbefore described, obtained against such person, arising out of the\nownership, maintenance, use or operation of any of such person's motor\nvehicles.\n (c)

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§ 361. Self-insurers. (a) This article, except sections three hundred\nthirty-nine and three hundred fifty-nine, shall not apply to any person\nhaving registered in his name in this state more than twenty-five motor\nvehicles if such person shall obtain from the commissioner a certificate\nof self-insurance as provided for in subdivision (b) of this section.\n (b) The commissioner may, in his discretion, upon the application of\nsuch a person, issue a certificate of self-insurance when he is\nreasonably satisfied that such person is possessed and will continue to\nbe possessed of financial ability to respond to judgments, as\nhereinbefore described, obtained against such person, arising out of the\nownership, maintenance, use or operation of any of such person's motor\nvehicles.\n (c) Upon due notice and hearing, the commissioner, may, in his\ndiscretion and upon reasonable grounds, cancel a certificate of\nself-insurance.\n