Section 28.20.360. Payments sufficient to satisfy requirements.  


Latest version.
  •    (a) In this chapter, a judgment is satisfied when
            (1) $50,000 is credited upon a judgment given in excess of that amount because of bodily injury to or death of one person as the result of any one accident;
            (2) subject to the limit of $50,000 because of bodily injury to or death of one person, the sum of $100,000 is credited upon a judgment given in excess of that amount because of bodily injury to or death of two or more persons as the result of any one accident; or
            (3) $25,000 is credited upon a judgment given in excess of that amount because of injury to or destruction of property of others as a result of any one accident.
       (b) However, payments made in settlement of a claim because of bodily injury, death, or property damage arising from the accident shall be credited in reduction of the amounts provided for in this section.

Notes


History

(Sec. 38 ch 163 SLA 1959; am Sec. 60, 61 ch 69 SLA 1970; am Sec. 3 ch 202 SLA 1975; am Sec. 10 ch 70 SLA 1984)