New York Statutes

§ 5042 — Form of security

New York § 5042
JurisdictionNew York
Law CVPCivil Practice Law & Rules
Art. 50-BPeriodic Payment of Judgments In Personal Injury, Injury to Property and Wrongful Death Actions

This text of New York § 5042 (Form of security) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Civil Practice Law & Rules § 5042 (2026).

Text

§ 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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Bluebook (online)
New York § 5042, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/CVP/5042.