New York § 7601 - 7601Property/casualty insurance security fund; public motor vehicle liability security fund
Full text of New York New York Consolidated Laws § 7601 — 7601Property/casualty insurance security fund; public motor vehicle liability security fund, with citation guidance and answers to common questions.
§ 7601. 7601Property/casualty insurance security fund; public motor vehicle liability security fund
§ 7601. Property/casualty insurance security fund; public motor vehicle liability security fund. (a) The property and liability insurance security fund is continued and shall hereafter be known as "the property/casualty insurance security fund". (b) The public motor vehicle liability security fund is continued. (c) The property/casualty insurance security fund shall consist of all payments made to it by insurers and of securities acquired by and through the use of moneys belonging to it, together with interest and accretions earned upon such payments or investments earned prior to January first, nineteen hundred seventy-four. (d) The public motor vehicle liability security fund shall consist of all payments made to it by insurers and of securities acquired by and through the use of moneys belonging to it, together with interest and accretions earned upon such payments or investments. (e) Each fund shall be administered separately by the superintendent in accordance with this article.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 7601
What does New York Consolidated Laws § 7601 cover?
Section 7601 ("7601Property/casualty insurance security fund; public motor vehicle liability security fund") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 7601?
A common citation format is "New York Consolidated Laws § 7601" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 7601 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.