Insurance Law 5302 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 5301 Participation in assigned risk plans up ARTICLE 53 Motor Vehicle Insurance Assigned Risk Plans next SECTION 5303 Coverage Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 5302 Administration Insurance (ISC) CHAPTER 28, ARTICLE 53 § 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.