N.Y. RPP Law § 429
This is the official text of N.Y. RPP Law § 429, part of New York’s RPP Law — part of the compiled statutory law of New York, published by the state as "RPP Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Restrictions on claims against assurance fund
Official statutory text
§ 429. Restrictions on claims against assurance fund. No person\nshall recover from the assurance fund, or the county or city general\nfund after the assurance fund has been terminated pursuant to section\nfour hundred twenty-six of this article, any greater sum than the fair\nmarket value of the property at the time the right to bring such action\nfirst accrued. Any action or proceeding to recover damages out of the\nassurance fund shall be commenced within six years from the time when\nthe right to begin the same accrued, and not afterward, and such time\nshall not be extended because of any disability.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.