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