New York § 5048 - 5048Assignment of periodic installments
Full text of New York New York Consolidated Laws § 5048 — 5048Assignment of periodic installments, with citation guidance and answers to common questions.
§ 5048. 5048Assignment of periodic installments
§ 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.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 5048
What does New York Consolidated Laws § 5048 cover?
Section 5048 ("5048Assignment of periodic installments") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 5048?
A common citation format is "New York Consolidated Laws § 5048" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 5048 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.