Section 429. Restrictions on claims against assurance fund  


Latest version.
  • 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.