State Codes and Statutes
Statutes > North-carolina > Chapter_1 > GS_1-540_2§1‑540.2. Settlement of property damage claims arising from motor vehiclecollisions or accidents; same not to constitute admission of liability, nor barparty seeking damages for bodily injury or death.
In any claim, civil action, orpotential civil action which arises out of a motor vehicle collision oraccident, settlement of any property damage claim arising from such collisionor accident, whether such settlement be made by an individual, a self‑insurer,or by an insurance carrier under a policy of insurance, shall not constitute anadmission of liability on the part of the person, self‑insurer orinsurance carrier making such settlement, which arises out of the same motorvehicle collision or accident. It shall be incompetent for any claimant or partyplaintiff in the said civil action to offer into evidence, either by oraltestimony or paper writing, the fact that a settlement of the property damageclaim arising from such collision or accident has been made; provided further,that settlement made of such property damage claim arising out of a motorvehicle collision or accident shall not in and of itself act as a bar, release,accord and satisfaction, or discharge of any claims other than the propertydamage claim, unless by the written terms of a properly executed settlementagreement it is specifically stated that the acceptance of said settlementconstitutes full settlement of all claims and causes of action arising out ofthe said motor vehicle collision or accident. (1967, c. 662, s. 1.)
