40-285. Same; uninsured motor vehicle includes vehicle whose insurer is insolvent.

40-285

Chapter 40.--INSURANCE
Article 2.--GENERAL PROVISIONS

      40-285.   Same; uninsured motor vehicle includes vehicle whose insureris insolvent.For the purpose of this act, the term "uninsured motor vehicle" shall,subject to the terms and conditions of such coverage, be deemed to includean insured motor vehicle where the liability insurer thereof is unable tomake payment with respect to the legal liability of its insured within thelimits specified herein because of insolvency.

      History:   L. 1968, ch. 273, § 2; July 1.