Legal Notice
Current Dollar Amount of Exemption from Enforcement of Judgments
Pursuant to Subparagraph (iii) of Subdivision (l) of Section 5205 of the Civil Practice Law and Rules, the Superintendent of the Department of Financial Services is required beginning on April 1, 2012, and at each three year interval thereafter, to update the current dollar amount of exemption from enforcement of judgments under New York Civil Practice Law and Rules Sections 5205(l), 5222(e), 5222(h), 5230(a) and 5232(e). The new dollar amount of exemption from enforcement of money judgments is $2625. This amount is effective on April 1, 2012 and shall not apply to cases commenced before April 1, 2012. The next adjustment is scheduled for April 1, 2015. The full text of the notice is here.
Emergency Adoption of New Insurance Regulation No. 68-E (11 NYCRR 65-5)
New York Insurance Law § 5109(a) requires the Superintendent of Financial Services (“Superintendent”), in consultation with the Commissioner of Health and the Commissioner of Education, to promulgate standards and procedures for investigating and suspending or removing the authorization for health service providers to demand or request payment for health services under Article 51 of the Insurance Law (the “no-fault insurance law”) upon findings of certain unlawful conduct reached after investigation, notice, and a hearing. On March 9, 2012, the Superintendent promulgated a regulation, 11 NYCRR 65-5, that sets forth such standards and procedures, the provisions of which take effect on June 12, 2012. Section 5109 is available here and the regulation is available here.
