Assignment of periodic payments.

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(1) An assignment by a judgment creditor or an agreement by such person to assign any right to receive periodic payments for future damages contained in a judgment entered under this part 2 is enforceable only as to amounts:

  1. To secure payment of alimony, maintenance, or child support;

  2. For the costs of products, services, or accommodations provided or to be provided bythe assignee for medical or other health care; or

  3. For attorney fees and other expenses of litigation incurred in securing the judgment.

Source: L. 88: Entire article added, p. 617, § 1, effective July 1.


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