Statute · New York Banking Law
N.Y. Banking Law § 572 — Notice of assignment; payments
N.Y. Banking Law § 572
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 572. Notice of assignment; payments. Unless the insured has notice of actual or intended assignment of a premium finance agreement, payment thereunder by him to the last known holder of the agreement shall be binding upon all subsequent holders or assignees.
Citator
N.Y. Banking Law § 572 — Notice of assignment; payments is in force in the current edition of the Code, and nothing recorded condemns it.
§ 572. Notice of assignment; payments. Unless the insured has notice of actual or intended assignment of a premium finance agreement, payment thereunder by him to the last known holder of the agreement shall be binding upon all subsequent holders or assignees.