New York § 429 Restrictions on claims against assurance fund

New York Statutes

§ 429 — Restrictions on claims against assurance fund

New York § 429

Law RPPReal Property

Art. 12Registering Title to Real Property

This text of New York § 429 (Restrictions on claims against assurance fund) 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. Real Property § 429 (2026).

Text

  § 429.  Restrictions on claims against assurance fund.  No person\nshall recover from the assurance fund, or the county or city general\nfund after the assurance fund has been terminated pursuant to section\nfour hundred twenty-six of this article, any greater sum than the fair\nmarket value of the property at the time the right to bring such action\nfirst accrued. Any action or proceeding to recover damages out of the\nassurance fund shall be commenced within six years from the time when\nthe right to begin the same accrued, and not afterward, and such time\nshall not be extended because of any disability.\n

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§ 429. Restrictions on claims against assurance fund. No person\nshall recover from the assurance fund, or the county or city general\nfund after the assurance fund has been terminated pursuant to section\nfour hundred twenty-six of this article, any greater sum than the fair\nmarket value of the property at the time the right to bring such action\nfirst accrued. Any action or proceeding to recover damages out of the\nassurance fund shall be commenced within six years from the time when\nthe right to begin the same accrued, and not afterward, and such time\nshall not be extended because of any disability.\n