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  • SECTION 5031
    Basis for determining judgment to be entered
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  • ARTICLE 50-A
    Periodic Payment of Judgments In Medical and Dental Malpractice Actions
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  • SECTION 5033
    Posting and maintaining security
    • This entry was published on 2014-09-22
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    SECTION 5032

    Form of security

    Civil Practice Law & Rules (CVP) CHAPTER 8, ARTICLE 50-A

    § 5032. Form of security. Security authorized or required for payment
    of a judgment for periodic installments entered in accordance with this
    article must be in the form of an annuity contract, executed by a
    qualified insurer and approved by the superintendent of financial
    services pursuant to section five thousand thirty-nine of this article,
    and approved by the court.