(a) Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:
(1) When $10,000 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 one accident; or
(2) When, subject to such limit of $10,000 because of bodily injury to or death of 1 person, the sum of $20,000 has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury or death of 2 or more persons as the result of any one accident; or
(3) When $5,000 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 one accident.
(b) Payments made in settlements of any claims because of bodily injury, death, or property damage arising from such accident shall be credited in reduction of the amounts provided for in this section.
(May 25, 1954, 68 Stat. 132, ch. 222, § 49.)
1981 Ed., § 40-449.
1973 Ed., § 40-465.
Structure District of Columbia Code
Title 50 - Motor and Non-Motor Vehicles and Traffic
Chapter 13 - Motor Vehicle Owners and Operators Responsibility
Subchapter V - Proof of Financial Responsibility
§ 50–1301.34. Persons required to deposit proof of future responsibility
§ 50–1301.36. “Judgment” and “state” defined
§ 50–1301.38. Duration of suspension
§ 50–1301.40. Suspension of nonresidents’ operating privilege; duration
§ 50–1301.41. Report by courts of nonpayment of judgments
§ 50–1301.43. Judgment against a nonresident — Suspension for nonpayment. [Repealed]
§ 50–1301.44. Government vehicles; exception as to nonpayment of judgment provisions. [Repealed]
§ 50–1301.46. Effect of Mayor’s finding that insurer obligated to pay judgment. [Repealed]
§ 50–1301.47. Continuance of suspension until judgment paid and proof given. [Repealed]
§ 50–1301.48. Discharge in bankruptcy. [Repealed]
§ 50–1301.49. Required payments; amounts; settlements
§ 50–1301.50. Installment payment of judgments — Permitted
§ 50–1301.51. Installment payment of judgments — Default. [Repealed]
§ 50–1301.52. Proof required for each registered vehicle
§ 50–1301.53. Alternate methods of giving proof
§ 50–1301.54. Certificate of insurance as proof
§ 50–1301.55. Certificate filed by nonresident as proof of financial responsibility
§ 50–1301.56. Default by nonresident insurance carrier
§ 50–1301.57. “Motor vehicle liability policy” defined. [Repealed]
§ 50–1301.58. Notice of cancellation or termination of certified policy. [Repealed]
§ 50–1301.59. Provisions of chapter not to affect other policies
§ 50–1301.60. Surety bond — Proof of financial responsibility. [Repealed]
§ 50–1301.61. Surety bond — Lien against scheduled real estate. [Repealed]
§ 50–1301.62. Surety bond — Right of action. [Repealed]
§ 50–1301.63. Deposit of money with Mayor — Proof of financial responsibility. [Repealed]
§ 50–1301.64. Deposit of money with Mayor — Limits on application. [Repealed]
§ 50–1301.65. Owner of a motor vehicle may give proof for others
§ 50–1301.66. Substitution of proof
§ 50–1301.67. Requirement of other proof of financial responsibility
§ 50–1301.68. Cancellation of certificate; waiver of filing proof