ยง287-18 - Payment sufficient to satisfy requirements.
ยง287-18ย Payment sufficient to satisfy
requirements.ย Judgments herein referred to shall, for the purpose of this
chapter only, be deemed satisfied:
(1)ย When $25,000 is credited upon any judgment or
judgments rendered in excess of that amount because of accidental harm
sustained by any one person as a result of any one accident applicable to each
person sustaining accidental harm; or
(2)ย When $10,000 is credited upon any judgment or
judgments rendered in excess of that amount because of injury to or destruction
of property of others as a result of any one accident.
Payments made in settlement of any claims because of
bodily injury, death, or property damage arising from a motor vehicle accident
shall be credited in reduction of the amounts provided for in this section. [L
1949, c 393, pt of ยง1; RL 1955, ยง160-96; am L 1963, c 98, ยง1; HRS ยง287-18; am L
1982, c 210, ยง5]