New York Civil Practice Law & Rules Article 50-B - PERIODIC PAYMENT OF JUDGMENTS IN PERSONAL INJURY, INJURY TO PROPERTY AND WRONGFUL DEATH ACTIONS

  • 5041 - Basis for Determining Judgment to Be Entered.
    In order to determine what judgment is to be entered on a verdict in an action to recover damages for personal injury, injury to property...
  • 5042 - Form of Security.
    Security authorized or required for payment of a judgment for periodic installments entered in accordance with this article must be in the form of an...
  • 5043 - Posting and Maintaining Security.
    (a) If the court enters a judgment for periodic installments, each party liable for all or a portion of such judgment shall separately or jointly...
  • 5044 - Failure to Make Payment.
    If at any time following entry of judgment, a judgment debtor fails for any reason to make a payment in a timely fashion according to...
  • 5045 - Effect of Death of Judgment Creditor.
    (a) Unless otherwise agreed between the parties at the time security is posted pursuant to section five thousand forty-three of this article, in all cases...
  • 5046 - Adjustment of Payments.
    (a) If, at any time after entry of judgment, a judgment creditor or successor in interest can establish that the continued payment of the judgment...
  • 5047 - Settlements.
    Nothing in this article shall be construed to limit the right of a plaintiff, defendant or defendants and any insurer to settle property damage, personal...
  • 5048 - Assignment of Periodic Installments.
    An assignment of or an agreement to assign any right to periodic installments for future damages contained in a judgment entered under this article is...
  • 5049 - Duties of Superintendent of Financial Services.
    The superintendent of financial services shall establish rules and procedures for determining which insurers, self-insurers, plans or arrangements are financially qualified to provide the security...

Last modified: February 3, 2019