N.Y. Insurance Law § 5216: Assignments of judgments to corporation

§ 5216. Assignments of judgments to corporation. (a) The corporation

shall not pay any sum, in compliance with an order made for that

purpose, if the claim is founded upon a judgment, except a judgment

obtained against the corporation under this article, until the

petitioner assigns the judgment to the corporation.

(b) After assignment the corporation shall be entitled to enforce the

judgment for the full amount with interest and costs. Money collected

on the judgment in excess of all amounts paid by the corporation shall

be paid to the judgment creditor.