N.Y. Civil Practice Law & Rules Section 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 enforceable only as to amounts:

(a)

to secure payment of alimony, maintenance, or child support;

(b)

for the cost of products, services, or accommodations provided or to be provided by the assignee for medical, dental or other health care; or

(c)

for attorney’s fees and other expenses of litigation incurred in securing the judgment.

Source: Section 5048 — Assignment of periodic installments, https://www.­nysenate.­gov/legislation/laws/CVP/5048 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 5048’s source at nysenate​.gov

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