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2013 New York Consolidated Laws
CVP - Civil Practice Law & Rules
Article 50-B - (5041 - 5049) PERIODIC PAYMENT OF JUDGMENTS IN PERSONAL INJURY, INJURY TO PROPERTY AND WRONGFUL DEATH ACTIONS
5048 - Assignment of periodic installments.


NY CPLR § 5048 (2012) What's This?
 
    §  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.

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