NY Veh & Traf L § 312 (2021)
2021 New York Laws VAT - Vehicle and Traffic Title 3 - Safety Responsibility; Financial Security; Equipment; Inspection; Size and Weight; and Other Provisions Article 6 - Motor Vehicle Financial Security Act 312 - Registration of Motor Vehicles.

§ 312. Registration  of  motor vehicles. 1. (a) No motor vehicle shall be registered in this state unless the application for such registration is accompanied by proof of financial security which shall  be  evidenced by  proof  of  insurance  or  evidence  of  a financial security bond, a financial security deposit or  qualification  as  a  self-insurer  under section  three hundred sixteen; provided that, if directed by regulation of  the  commissioner,  upon  renewal  of  registration  an  application accompanied  by  a  certificate of registration or renewal stub in force immediately preceding the date of application for renewal, together with a statement in a form prescribed by  the  commissioner  certifying  that there  is  in  effect  proof  of  financial  security,  shall  meet  the requirements of this section. Upon the issuance or renewal of a  private passenger  automobile  insurance  policy  subject  to  the provisions of section one hundred sixty-seven-aa of the insurance law,  the  insurance company  shall  provide  the  insured  with  an  informational statement outlining the legal and  financial  consequences  of  convictions  under section  one thousand one hundred ninety-two of this chapter, pertaining to operating a motor vehicle while under the  influence  of  alcohol  or drugs.  Such  information  shall be supplied to the company by the state department of financial services in consultation with the commissioner.  (b) The owner of such motor vehicle shall maintain proof of  financial security continuously throughout the registration period and his failure to  produce  proof  of  financial  security when requested to do so upon demand of a magistrate, motor vehicle inspector, peace  officer,  acting pursuant to his special duties, or police officer, while such vehicle is being operated upon the public highway, shall be presumptive evidence of operating  a motor vehicle without proof of financial security. Upon the production of proof of financial security such presumption  is  removed. Production  of  proof  of financial security may be made by mailing such proof to the court having jurisdiction in the matter, and any  necessary response  by  such  court  or  acknowledgement of the production of such proof may also be made by mail. When insurance with respect to any motor vehicle,  other  than  a  motorcycle,  is  terminated  the  owner  shall surrender  forthwith  his  registration certificate and number plates of the vehicle to the  commissioner  unless  proof  of  financial  security otherwise is maintained in compliance with this article.   2.  No  financial  security bond shall be accepted by the commissioner unless it is conditioned for payments in amount and under the same terms and conditions as are  required  for  an  owner's  policy  of  liability insurance.   3. No financial security deposit shall be accepted by the commissioner except  in  accordance  with  the  provisions  of  section three hundred fourteen.   4. The commissioner is  hereby  authorized  to  promulgate  reasonable regulations  to  provide effective administration and enforcement of the provisions of this article in accordance with the purposes thereof.   5. Notwithstanding any inconsistent provisions of  this  article,  the commissioner may by regulation, in lieu of the provisions of subdivision one  requiring  the submission of a certificate of insurance or evidence of a financial security bond, require that an  insurance  identification card be presented each time a vehicle is registered or a registration is renewed in this state.