California Vehicle Code

§ 16377

VEH § 16377 Effective Jan 1, 2017Div. 7 · Ch. 2 · Art. 2

Statute text

(a)For the purposes of this chapter, every judgment shall be deemed satisfied if any of the following apply:

(1)Fifteen thousand dollars ($15,000) has been credited, upon any judgment in excess of that amount, or upon all judgments, collectively, which together total in excess of that amount, for personal injury to, or death of, one person as a result of any one accident.

(2)Subject to the limit of fifteen thousand dollars ($15,000) as to one person, the sum of thirty thousand dollars ($30,000) has been credited, upon any judgment in excess of that amount, or upon all judgments, collectively, which together total in excess of that amount, for personal injury to, or death of, more than one person as a result of any one accident.

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Legislative history

Amended (as added by Stats. 2015, Ch. 451, Sec. 39) by Stats. 2016, Ch. 86, Sec. 301. (SB 1171) Effective January 1, 2017.