# N.Y. VAT Law § 310: Short title and declaration of purpose

> New York · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S310

## Section

- **Citation:** N.Y. VAT Law § 310
- **Heading:** Short title and declaration of purpose
- **Jurisdiction:** New York
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** New York Code / Act VAT / Title 3 / Article 6 / Section 310

## Text

§ 310. Short title and declaration of purpose. (1) This article shall\nbe known and may be cited as the "Motor Vehicle Financial Security Act."\n (2) Declaration of purpose. The legislature is concerned over the\nrising toll of motor vehicle accidents and the suffering and loss\nthereby inflicted. The legislature determines that it is a matter of\ngrave concern that motorists shall be financially able to respond in\ndamages for their negligent acts, so that innocent victims of motor\nvehicle accidents may be recompensed for the injury and financial loss\ninflicted upon them. The legislature finds and declares that the public\ninterest can best be served in satisfying the insurance requirements of\nthis article by private enterprise operating in a competitive market to\nprovide proof of financial security through the methods prescribed\nherein.\n Nothing in this article shall be construed to affect any change in the\napplication of article twenty-three of the insurance law to automobile\nliability insurance rate-making or to effect the development of various\nmethods of doing or operating an automobile liability insurance\nbusiness.\n

## Nearby sections

- [N.Y. VAT Law § 310 Short title and declaration of purpose](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S310.md)
- [N.Y. VAT Law § 311 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S311.md)
- [N.Y. VAT Law § 312 Registration of motor vehicles](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S312.md)
- [N.Y. VAT Law § 312-A Issuance and termination of liability insurance and maintenance of records](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S312-A.md)
- [N.Y. VAT Law § 313 Notice of termination](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S313.md)
- [N.Y. VAT Law § 314 Acceptance of financial security deposits](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S314.md)
- [N.Y. VAT Law § 315 Release of financial security bonds or deposits](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S315.md)
- [N.Y. VAT Law § 316 Self-insurers](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S316.md)
- [N.Y. VAT Law § 317 Expenses of administering article](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S317.md)
- [N.Y. VAT Law § 318 Revocation of registrations, drivers' licenses and non-resident privileges](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S318.md)
- [N.Y. VAT Law § 319 Penalties](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S319.md)
- [N.Y. VAT Law § 320 Notice to other jurisdictions](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S320.md)
- [N.Y. VAT Law § 321 Exceptions](https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S321.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NY_AVAT_T3_A6_S310. Check the current official text before relying on it. Not legal advice.