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This entry was published on 2014-09-22
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ARTICLE 52
Motor Vehicle Accident Indemnification Corporation
Insurance (ISC) CHAPTER 28
ARTICLE 52

MOTOR VEHICLE ACCIDENT INDEMNIFICATION CORPORATION
Section 5201. Title and purpose.

5202. Definitions.

5203. Motor vehicle accident indemnification corporation.

5204. Board of directors.

5205. Liability of directors and members.

5206. Powers of corporation.

5207. Assessments against members.

5208. Notice of claim.

5209. Investigation and defense of claims.

5210. Application for payment of judgment.

5211. Hearing on application for payment of judgment.

5212. Order for payment of judgment.

5213. Settlement of claims or actions.

5214. Default and consent judgments.

5215. Collusive judgments.

5216. Assignments of judgments to corporation.

5217. "Hit and run" causes of action.

5218. Procedure for "hit and run" cases.

5219. Disclaimer or denial of coverage cases.

5220. Notice of judgment to commissioner.

5221. "No-fault" benefits to qualified persons.

5222. Examination of corporation.

5224. Penalty for false statements.

5225. Exemption from taxation.