CPLR 5048 — Legislation
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SECTION 5047
Settlements
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ARTICLE 50-B
Periodic Payment of Judgments In Personal Injury, Injury to Property and Wrongful Death Actions
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SECTION 5049
Duties of superintendent of financial services
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SECTION 5048
Assignment of periodic installments
Civil Practice Law & Rules (CVP) CHAPTER 8, ARTICLE 50-B
§ 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.