**469 The United States Court of Appeals for the Second Circuit sought this court's advice as to whether a Connecticut state marshal is entitled to the statutory fee of 15 percent on the amount of the execution "for the levy of an execution, when the money is actually collected and paid over, or the debt ... is secured by the officer"; General Statutes § 52-261(a)(F) ; 1 when the marshal properly served the writ of *793 execution on a third party holding a debt owed to the judgment debtor, but the judgment creditor received money from the third party only after a court issued a turnover order.

Pursuant to General Statutes § 51-199b(d), we accepted certification on the following questions from the Second Circuit:

"(1) Was [intervenor Connecticut State] Marshal [Mark A.] Pesiri entitled to a [15] percent fee under the terms of [ § 52-261(a)(F) ]?

**470 "(2) In answering the first question, does it matter that the writ was ignored and that the monies that were the subject of the writ were procured only after the judgment creditor, not the marshal, pursued further enforcement proceedings in the courts?" Corsair Special Situations Fund , L.P. v. Engineered Framing Systems, Inc. , 863 F.3d 176 , 183 (2d Cir. 2017).

We answer the first question: Yes. We answer the second question: No.

The Second Circuit's order sets forth the following facts that provide the backdrop to these issues. In the United States District Court for the District of Maryland, the plaintiff, Corsair Special Situations Fund, L.P., obtained a judgment of more than $5 million jointly and severally against four defendants (judgment debtors). See id., at177. While attempting to enforce its judgment, Corsair learned that one of the judgment debtors had signed a contract with a Connecticut based third party, National Resources, 2 entitling that judgment debtor to a payment of more than $3 million. See id., at 178 . On the basis of that information, Corsair caused its judgment to be certified for registration in another district and thereafter enrolled its judgment in the United States District Court for the District of Connecticut, which issued a writ of execution. See id.

Corsair then engaged Pesiri, a Connecticut state marshal, to serve the writ of execution on National Resources. See id. That writ stated in relevant part: " 'Pursuant to [General Statutes] § 52-356a, you are **471 required to deliver to the [marshal] property in your possession owned by the judgment debtor or pay to the marshal the amount of a debt owed by you to the judgment debtor, provided, if the debt owed by you is not yet payable, payment shall be made to the marshal when the debt becomes due within four months after the date of issuance of this execution.' " Id.

Pesiri timely and properly served the writ on National Resources on September 30, 2011. National Resources not only ignored the writ, but, between October 3, 2011, and November 25, 2012, it paid Corsair's judgment debtor and another of its creditors $2,308,504. See id. Following protracted postjudgment discovery, Corsair obtained an order from the District Court commanding National Resources to turn over $2,308,504 to Corsair. See id. National Resources appealed from the order, which was affirmed by the Second Circuit. See Corsair Special Situations Fund, L.P. v. Engineered Framing Systems, Inc. , 595 Fed.Appx. 40 (2d Cir. 2014).

As the dispute between Corsair and National Resources was drawing to a close, a dispute arose between Corsair and Pesiri regarding Pesiri's fee. Pesiri moved to intervene in the action, claiming a right to *794 the statutory fees under § 52-261(a)(F) for levying an execution. See Corsair Special Situations Fund, L.P. v. Engineered Framing Systems, Inc. , supra, 863 F.3d at 178 . Pesiri claimed that Corsair had expressed an intention to pay him only the flat fee for service of process, when he was owed 15 percent of the amount of the execution that had been paid to Corsair. See id., at 179 . Thus, Corsair claimed Pesiri was owed $30, plus mileage, whereas Pesiri claimed that he was owed $346,275.60. The District Court granted Pesiri's motion to intervene and ruled in his favor, ordering Corsair to pay Pesiri $346,275.60 in fees. See id. The court reasoned that the "levy of an execution" under § 52-261 was established through Pesiri's constructive seizure **472 of the money by way of the properly executed writ. See id.

Corsair appealed from the order to the Second Circuit. That court examined the few Connecticut cases addressing this subject, none of which directly addressed the particulars of the present case, surveyed the statutory scheme, and determined that § 52-261 is ambiguous as applied to the facts of the present case. See id., at 179-82 . Two members of the panel viewed the term "levy" to be ambiguous as to whether it requires an actual or constructive seizure of the money/debt. See id., at 182 . They were troubled by the large fee in relation to Pesiri's efforts and by the prospect that the District Court's construction could "encourage a levying officer to do no more than serve a writ of execution with the hope that this will be credited as the 'levy of an execution' and rewarded accordingly." Id. A third member of the panel agreed with the District Court's construction of "levy of an execution" but found ambiguity elsewhere. That judge questioned whether the subsequent phrase in § 52-261(a)(F), requiring action "by the officer," might modify both of the alternative conditions precedent to payment of the fee. See id., at 186 (Leval, J., concurring). Accordingly, the Second Circuit certified the two questions to this court.

To answer those questions, we begin with the statutory text. Section 52-261 governs the payment of fees and expenses of officers serving process or performing other duties. After providing flat fees for process served, the statute provides in relevant part: "The following fees shall be allowed and paid ... for the levy of an execution, when the money is actually collected and paid over, or the debt or a portion of the debt is secured by the officer, fifteen per cent on the amount of the execution, provided the minimum fee for such execution shall be thirty dollars...." General Statutes § 52-261(a)(F). We agree with the Second Circuit's conclusion **473 that the statute is ambiguous as applied to the facts of the present case. Therefore, we are not constrained in our review by the plain meaning rule codified in General Statutes § 1-2z. Nonetheless, our objective is to ascertain the legislature's intention, applying settled rules of statutory construction. See, e.g., Lieberman v. Aronow , 319 Conn. 748 , 756-57, 127 A.3d 970 (2015) ; In re Tyriq T. , 313 Conn. 99 , 104-105, 96 A.3d 494 (2014).

We begin with the meaning of the phrase "levy of an execution." As our Appellate Court previously has recognized; see Nemeth v. Gun Rack, Ltd. , 38 Conn.App. 44 , 52-53, 659 A.2d 722 (1995) ; it is generally accepted that a levy of an execution may be satisfied by a constructive seizure of the property that is the subject of the execution. See 30 Am. Jur. 2d 202, Executions and Enforcement of Judgments § 192 (2005) ("A levy on personal property is generally defined as a seizure of the property. Thus, in most jurisdictions, it is essential to the completion of a levy of execution upon personal property that there be a seizure, either actual or constructive, of the property." [Footnote *795 omitted.] ); Ballentine's Law Dictionary (3d Ed. 1969) p. 728 ("At common law a levy on goods consisted of an officer's entering the premises where they were and either leaving an assistant in charge of them or removing them after taking an inventory. Today courts differ as to what is a valid levy, but by the weight of authority there must be an actual or constructive seizure of the goods.").

What constitutes a constructive seizure under our law depends on the circumstances, i.e., the nature of what is to be seized and from whom it is to be seized. See General Statutes § 52-356a(a) (setting forth procedures for execution against nonexempt personal property and levying officer's responsibilities). 3 Those circumstances **474 dictate the levying officer's authority, set forth in the writ of execution. When levying an execution on debt owed that is in the possession of a third party, constructive seizure is effectuated when the writ of execution is properly served on, and the demand of payment made to, the third party, provided that the debt has or will mature within the statutory term. See General Statutes § 52-356a(a)(4)(B). Compliance with such conditions establishes that the marshal has undertaken all of the measures legally available to the marshal to levy the execution. Cf. General Statutes § 52-356a(a)(4)(A) (requiring levying officer, upon failure of judgment debtor to make immediate payment upon demand, to levy on and take possession of nonexempt personal **475 property in possession of judgment debtor if accessible without breach of peace). By so doing, the marshal has exposed the third party to legal consequences for noncompliance with the writ. See General Statutes § 52-356a(a)(5) (recognizing right of action against third party); see also 30 Am. Jur. 2d 573, Executions § 221 (1967) ("[g]enerally, it may be stated that a levy under a writ of execution to enforce a judgment for money is an act of dominion over specific property *796 by an authorized officer of the court ... which results in the creation of a legal right to subject the debtor's interest in the property to the satisfaction of the debt of his judgment creditor, to the exclusion of others whose rights are inferior").

The proper service of the writ of execution alone, however, does not entitle the marshal to the statutory commission. Proper service of the writ of execution entitles the marshal to a statutory flat fee. Compare General Statutes § 52-261(a)(1) and (2) (providing $30 and $40 fee, respectively, for process served). The right to the commission fee accrues only after either of two conditions is satisfied: "when the money is actually collected and paid over, or the debt or a portion of the debt is secured by the officer...." General Statutes § 52-261(a)(F). We therefore turn to the question of whether the phrase "by the officer" modifies the former, as well as the latter, condition.

Construing the phrase "by the officer" to apply only to the latter condition is supported by rules of grammar, the genealogy of the statute, and simple common sense. Under the last antecedent rule, "[r]eferential and qualifying words and phrases, where no contrary intention appears, refer solely to the last antecedent. The last antecedent is the last word, phrase, or clause that can be made an antecedent without impairing the meaning of the sentence." (Footnote omitted; internal quotation marks omitted.) 2A N. Singer & J. Singer, Sutherland **476 Statutory Construction (7th Ed. 2007) § 47:33, pp. 487-89; see, e.g., Foley v. State Elections Enforcement Commission , 297 Conn. 764 , 786, 2 A.3d 823 (2010) (applying rule); LaProvidenza v. State Employees' Retirement Commission , 178 Conn. 23 , 27, 420 A.2d 905 (1979) (same). There is not clear evidence of a contrary intention in the statutory text, as "collected" may refer to the debtor/third party from whom the money is being collected or the person collecting the money. Moreover, had the legislature intended for "by the officer" to apply to the first condition as well, it could have expressed such an intention more clearly by inserting a comma between the second condition and that phrase (when the money is actually collected and paid over, or the debt or a portion of the debt is secured, by the officer).

Application of the last antecedent rule also is confirmed by a review of predecessors of § 52-261. For more than a century, the statute provided for the fee "when the money is actually collected and paid over, or the debt secured by the officer to the acceptance of the creditor ...." (Emphasis added.) General Statutes (1902 Rev.) § 4850; accord General Statutes (Rev. to 2001) § 52-261(a)(6). It is clear that the italicized phrase would not have applied to the first condition. That phrase necessarily reflected that the officer exercises some discretion in the means or manner by which the debt is secured. The officer exercises no similar discretion when money is collected from the third party or debtor; the officer merely accepts the money that is provided. 4 Accordingly, if the phrase "to the acceptance **477 of the creditor" did not *797 modify the first condition, then the preceding phrase "by the officer" similarly would not modify that condition. Although the legislature recently excised the phrase "to the acceptance of the creditor" from the statute; Public Acts 2003, No. 03-224, § 10; it gave no indication that this change was intended to expand application of the phrase "by the officer" to the collection of money or that it understood the previous statute to have such a meaning. See 46 H.R. Proc., Pt. 17, 2003 Sess., p. 5443, remarks of Representative Michael P. Lawlor (explaining that proposed changes "will make it easier for the marshals to carry out their responsibilities and for the [State Marshal] Commission to conduct the oversight that is called for under the reforms of a number of years ago").

Finally, common sense dictates that we should not construe the statute to limit the fee to only those circumstances in which the marshal has personally collected the money and paid it over to the creditor, as Corsair suggests. See Christopher R. v. Commissioner of Mental Retardation , 277 Conn. 594 , 608-609, 893 A.2d 431 (2006) ("[i]n construing a statute, common sense must be used and courts must assume that a reasonable and rational result was intended" [internal quotation marks omitted] ). Granted, in the present case, National Resources knowingly disobeyed the writ not only in its failure to pay the money to Pesiri, but also in its transfer of the money levied upon to someone other than Corsair.

**478 However, Corsair's construction of the statute also would deprive a levying officer of the statutory commission if the third party violated the order in the writ by paying the levied upon funds directly to the creditor instead of the officer, whether mistakenly or intentionally. See, e.g., Fair Cadillac Oldsmobile Corp. v. Allard , 41 Conn.App. 659 , 660, 677 A.2d 462 (1996) (after sheriff levied bank execution, bank paid funds directly to creditor, instead of to sheriff, at direction of creditor); 5 see also Masayda v. Pedroncelli , Docket No. CV-94-01200878-S, 1998 WL 420779 , *1 (Conn. Super. July 20, 1998) (after deputy sheriff served bank execution, judgment debtor paid judgment creditor from source other than bank account). Under Corsair's interpretation of the statutory scheme, the officer would not be entitled to the fee, even though the creditor received the benefit of the officer's service because the third party's obligation to the judgment creditor arose only as a result of the proper service of the writ of execution. Corsair's construction would create an incentive for judgment creditors to circumvent the statutory commission, a process that could inure to the benefit of both creditor and debtor by an agreement to reduce the debt by an amount less than the 15 percent fee in exchange for direct payment. 6 Our courts previously have applied *798 **479 common sense constructions to the facts of a given case involving the levy of an execution when a possible reading of the statute would have yielded a result that the legislature reasonably could not have intended. See Preston v. Bacon , 4 Conn. 471 , 479-80 (1823) (sheriff entitled to fee when sheriff had substantially performed, and agreement by creditor and debtor's attorney prevented sheriff from completing final action statute required to be entitled to fee); 7 Nemeth v. Gun Rack, Ltd. , supra, 38 Conn.App. at 54-55 , 659 A.2d 722 (applying expansive interpretation of time limitation for applying for turnover order when facts made it impossible for judgment creditor to commence and complete levy on goods within period prescribed, and creditor had done everything that could reasonably be required under statute). "The unreasonableness of the result obtained by the acceptance of one possible alternative interpretation of an act is a reason for rejecting that interpretation in favor of another which would provide a result that is reasonable." (Internal quotation marks omitted.) Connelly v. Commissioner of Correction , 258 Conn. 394 , 407, 780 A.2d 903 (2001).

The requirements that we have articulated were met in the present case. The District Court found that Pesiri had properly served the writ of execution on National Resources. As a legal consequence, when National Resources knowingly violated the writ by paying the debt to the judgment debtor rather than to the marshal, **480 Corsair had the right to seek a turnover order. That order resulted in National Resources having to pay more than $2 million to Corsair even though National Resources already had paid the judgment debtors. Pesiri's proper service and demand were essential predicates to recovery of that debt, a fact made evident by Corsair's own statements in its application for, and memorandum in support of, the turnover order. Therefore, under the facts of the present case, Pesiri levied the execution.

As a result of the writ of execution and subsequent turnover order premised on the violation of the writ, the money described in the writ of execution was "collected" from National Resources and "paid over" to Corsair. Hence, all of the statutory predicates to entitlement to the statutory commission ultimately were satisfied.

We recognize that Corsair would not have been paid but for its substantial additional efforts, and that Pesiri undertook no further risk or efforts than he would have had the money never been collected from National Resources. However, marshals *799 have exposure to substantial liability for improper or ineffective service of the writ, as such actions may deprive the judgment creditor of the ability to collect on the debt. 8 See General Statutes § 6-30a(a) (requiring state marshals to carry personal liability insurance for damages caused by reason of marshal's tortious acts, including erroneous service of civil papers); General Statutes § 6-32(a) (requiring marshal to pay double damages for damages **481 arising from marshal's failure to duly and promptly execute and return process); see also Miller v. Egan , 265 Conn. 301 , 329-30, 828 A.2d 549 (2003) (concluding that insurance requirement indicates that liability is marshal's personally, and not liability of state); Smith v. Yale , 50 Conn. 526 , 528 (1883) (action against sheriff for damages arising from his deputy's failure to make timely demand, which resulted in creditor's loss of security previously acquired).

We also recognize that a fee in excess of $300,000 is quite substantial in relation to the services actually performed by Pesiri. However, Corsair conceded at oral argument that it would have been obligated to pay Pesiri that same sum if National Resources had complied with the writ upon being served. Concerns about excessive fees in outlier cases should be directed to the legislature. The legislature could, as it has in other circumstances, set a cap on fees. See, e.g., General Statutes § 52-251c (setting caps on attorney contingency fee agreements); see also, e.g., General Statutes § 37-3a (setting cap on interest rates); General Statutes § 52-572(a) (setting cap on damages for parent of minor tortfeasor). It would not be appropriate for this court to allow such a concern to dictate an interpretation of the statute, which would govern all executions, not only those for large sums of money. 9

The answer to the first certified question is: Yes.

The answer to the second certified question is: No.

No costs shall be taxed in this court to any party.

In this opinion the other justices concurred.