CPLR 5032 · Article 50-A. Periodic Payment of Judgments In Medical and Dental Malpractice Actions
Form of security
Verbatim from the official edition
Text — Law content up to date as of July 3, 2026, as published by the New York State Senate (Open Legislation)
§ 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.
Source of truth
- Edition
- Law content up to date as of July 3, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/CVP5032
- Text hash
- sha256 3a9f23267e81ee4702ee726ea0ed224f28740c9670e9c02bf174cc2ae7bf456f
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.