New York Statutes
§ 5042 — Form of security
New York·Law CVP Civil Practice Law & Rules·Art. 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\nof a judgment for periodic installments entered in accordance with this\narticle must be in the form of an annuity contract, executed by a\nqualified insurer and approved by the superintendent of financial\nservices pursuant to section five thousand forty-nine of this article,\nand approved by the court.\n
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Nearby Sections
15
§ 5003
Interest upon judgment§ 5003-B
Nondisclosure agreements§ 5004
Rate of interest§ 5014
Action upon judgment§ 5016
Entry of judgment§ 5017
Judgment-roll§ 5018
Docketing of judgment