N.Y. Civil Practice Law & Rules § 5042: Form of security
Where this section sits in the code
- Civil Practice Law & Rules
- Article 50-B. Periodic Payment of Judgments In Personal Injury, Injury to Property and Wrongful Death Actions
§ 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 annuity contract, executed by a
qualified insurer and approved by the superintendent of financial
services pursuant to section five thousand forty-nine of this article,
and approved by the court.
Collected 2026-09-14T19:32:44Z. Source file · JSON