State Codes and Statutes

Statutes > New-york > Rpp > Article-12 > 429

§  429.    Restrictions  on claims against assurance fund.   No person  shall recover from the assurance fund, or the  county  or  city  general  fund  after  the  assurance fund has been terminated pursuant to section  four hundred twenty-six of this article, any greater sum than  the  fair  market  value of the property at the time the right to bring such action  first accrued. Any action or proceeding to recover damages  out  of  the  assurance  fund  shall  be commenced within six years from the time when  the right to begin the same accrued, and not afterward,  and  such  time  shall not be extended because of any disability.

State Codes and Statutes

Statutes > New-york > Rpp > Article-12 > 429

§  429.    Restrictions  on claims against assurance fund.   No person  shall recover from the assurance fund, or the  county  or  city  general  fund  after  the  assurance fund has been terminated pursuant to section  four hundred twenty-six of this article, any greater sum than  the  fair  market  value of the property at the time the right to bring such action  first accrued. Any action or proceeding to recover damages  out  of  the  assurance  fund  shall  be commenced within six years from the time when  the right to begin the same accrued, and not afterward,  and  such  time  shall not be extended because of any disability.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpp > Article-12 > 429

§  429.    Restrictions  on claims against assurance fund.   No person  shall recover from the assurance fund, or the  county  or  city  general  fund  after  the  assurance fund has been terminated pursuant to section  four hundred twenty-six of this article, any greater sum than  the  fair  market  value of the property at the time the right to bring such action  first accrued. Any action or proceeding to recover damages  out  of  the  assurance  fund  shall  be commenced within six years from the time when  the right to begin the same accrued, and not afterward,  and  such  time  shall not be extended because of any disability.