Delaware § 2944 Satisfaction of judgments

Delaware Statutes

§ 2944 — Satisfaction of judgments

Delaware·Title 21·Part Registration, Title and Licenses·Ch. 29 MOTOR VEHICLE SAFETY—RESPONSIBILITY·Subch. Proof of Future Responsibility

The judgments referred to in this subchapter shall, for the purposes of this chapter only, be deemed satisfied:

(1)When $15,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 1 person as the result of any 1 accident; or

(2)When, subject to such limit of $15,000 because of bodily injury to or death of 1 person, the sum of $30,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 2 or more persons as the result of any 1 accident; or

(3)When $10,000 has been 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 1 accident. Payments made in sett

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The judgments referred to in this subchapter shall, for the purposes of this chapter only, be deemed satisfied:

(1) When $15,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 1 person as the result of any 1 accident; or

(2) When, subject to such limit of $15,000 because of bodily injury to or death of 1 person, the sum of $30,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 2 or more persons as the result of any 1 accident; or

(3) When $10,000 has been 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 1 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.

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Legislative History

Code 1935, § 5712E; 48 Del. Laws, c. 359, § 2 ; 21 Del. C. 1953, § 2944; 50 Del. Laws, c. 456, § 3 ; 61 Del. Laws, c. 292, § 6 ; 64 Del. Laws, c. 198, §§ 4-6