Nebraska Statutes
§ 60-520 — Judgments; payments sufficient to satisfy requirements
Nebraska·Ch. 60 Motor Vehicles
Judgments in excess of the amounts specified in subdivision (14) of section 60-501 shall, for the purpose of the Motor Vehicle Safety Responsibility Act only, be deemed satisfied when payments in the amounts so specified have been credited thereon. 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 respective amounts so specified.
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Legislative History
Source: Laws 1949, c. 178, § 20, p. 492; Laws 2010, LB650, § 33; Laws 2011, LB289, § 27; Laws 2012, LB1155, § 16; Laws 2019, LB156, § 14.
Nearby Sections
15
§ 60-1001
Transferred to section81-1021§ 60-1001.01
Transferred to section81-1022§ 60-1002
Repealed. Laws 1969, c. 770, § 11§ 60-1003
Repealed. Laws 1983, LB 118, § 5§ 60-1004
Transferred to section81-1023§ 60-1005
Transferred to section81-1024§ 60-1006
Transferred to section81-1025§ 60-1007
Repealed. Laws 1969, c. 756, § 36§ 60-1008
Transferred to section81-8,239.07§ 60-1009
Repealed. Laws 1981, LB 273, § 33§ 60-101
Act, how cited§ 60-102
Definitions, where found§ 60-103
All-terrain vehicle, defined§ 60-104
Assembled vehicle, defined§ 60-104.01
Autocycle, defined