VTL 341 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 340 Surrender of license and evidences of registration up ARTICLE 7 Motor Vehicle Safety Responsibility Act next SECTION 342 Alternate methods of giving proof Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 341 Amount of proof required Vehicle & Traffic (VAT) CHAPTER 71, TITLE 3, ARTICLE 7 § 341. Amount of proof required. Proof of financial responsibility shall mean proof of ability to respond in damages for liability thereafter incurred, arising out of the ownership, maintenance or use of a motor vehicle, in the amount of twenty-five thousand dollars because of bodily injury to or fifty thousand dollars because of death of any one person, and subject to said limit respecting one person, in the amount of fifty thousand dollars because of bodily injury to or one hundred thousand dollars because of death of two or more persons in any one accident, and in the amount of ten thousand dollars because of injury to or destruction of property in any one accident. Such proof in such amounts shall be furnished for each motor vehicle registered by such person.