Arizona § 28-4074 Payments; satisfaction of judgments

Arizona Statutes

§ 28-4074 — Payments; satisfaction of judgments

Arizona·Title 28 Arizona Revised Statutes·Ch. 9 VEHICLE INSURANCE AND FINANCIAL RESPONSIBILITY·Art. 3 Proof of Financial Responsibility for the Future

A.For the purpose of this chapter only, a judgment referred to in this article is deemed satisfied on compliance with one of the following:

1.When payment sufficient to satisfy the limits prescribed in section 28-4009 is made.

2.If higher limits are required pursuant to section 28-4033, when payment sufficient to satisfy those limits is made.

B.Payments made in settlements of 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.

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A. For the purpose of this chapter only, a judgment referred to in this article is deemed satisfied on compliance with one of the following:

1. When payment sufficient to satisfy the limits prescribed in section 28-4009 is made.

2. If higher limits are required pursuant to section 28-4033, when payment sufficient to satisfy those limits is made.

B. Payments made in settlements of 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.

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