§ 287-18 Payment sufficient to satisfy requirements

Codes > Hawaii Revised Statutes > Division 1 > Title 17 : Chapter 287 > 287-18 Payment

§ 287-18. Payment sufficient to satisfy requirements

      Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:

    (1) 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) 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.