There is a newer version of the New York Consolidated Laws
2013 New York Consolidated Laws
VAT - Vehicle & Traffic
Title 3 - SAFETY RESPONSIBILITY; FINANCIAL SECURITY; EQUIPMENT; INSPECTION; SIZE AND WEIGHT; AND OTHER PROVISIONS
Article 7 - (330 - 368) MOTOR VEHICLE SAFETY RESPONSIBILITY ACT
342 - Alternate methods of giving proof.
NY Veh & Traf L § 342 (2012) What's This?
§ 342. Alternate methods of giving proof. Proof of financial responsibility when required under this article may be given by the following alternate method; either by proof that a policy or policies of motor vehicle liability insurance have been obtained and are in full force and effect, or that a bond has been duly executed, or that deposit has been made of money or securities, all as hereinafter provided.
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