New York § 3113 Consent of and notification of an irrevocable beneficiary under a court order of divorce or separation

New York Statutes

§ 3113 — Consent of and notification of an irrevocable beneficiary under a court order of divorce or separation

New York § 3113

Law ISCInsurance

Art. 31Insurance Contracts - General

This text of New York § 3113 (Consent of and notification of an irrevocable beneficiary under a court order of divorce or separation) 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. Insurance § 3113 (2026).

Text

  § 3113. Consent of and notification of an irrevocable beneficiary\nunder a court order of divorce or separation. In any case where a policy\nowner has, pursuant to an order of separation or divorce, designated his\nor her spouse or children as the irrevocable beneficiary of a policy of\ninsurance subject to the provisions of section three thousand two\nhundred three of this chapter, and a copy of such order has been served,\nby registered mail, on the home office of the insurer specifying the\nname and mailing address of the spouse or children, such insurer shall:\n  (a) prohibit the policy holder from borrowing from the cash value or\nchanging the named beneficiary of such insurance policy without the\nwritten consent of the irrevocable beneficiary; and\n  (b) provide written notificati

Free access — add to your briefcase to read the full text and ask questions with AI

§ 3113. Consent of and notification of an irrevocable beneficiary\nunder a court order of divorce or separation. In any case where a policy\nowner has, pursuant to an order of separation or divorce, designated his\nor her spouse or children as the irrevocable beneficiary of a policy of\ninsurance subject to the provisions of section three thousand two\nhundred three of this chapter, and a copy of such order has been served,\nby registered mail, on the home office of the insurer specifying the\nname and mailing address of the spouse or children, such insurer shall:\n (a) prohibit the policy holder from borrowing from the cash value or\nchanging the named beneficiary of such insurance policy without the\nwritten consent of the irrevocable beneficiary; and\n (b) provide written notification to the irrevocable beneficiary in the\nevent that such insurance policy is scheduled to lapse due to\nnon-payment of premium.\n