Legislation
SECTION 5038
Assignment of periodic installments
Civil Practice Law & Rules (CVP) CHAPTER 8, ARTICLE 50-A
§ 5038. 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.
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.