§287-18 Payment sufficient to satisfy requirements. Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:
(1) When $25,000 is credited upon any judgment or judgments rendered in excess of that amount because of accidental harm sustained by any one person as a result of any one accident applicable to each person sustaining accidental harm; or
(2) When $10,000 is 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.
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. [L 1949, c 393, pt of §1; RL 1955, §160-96; am L 1963, c 98, §1; HRS §287-18; am L 1982, c 210, §5]
Structure Hawaii Revised Statutes
Title 17. Motor and Other Vehicles
287. Motor Vehicle Safety Responsibility Act
287-2 Administrator to administer chapter; appeal to circuit court.
287-3 Furnishing of operating records.
287-4 Report required following accident.
287-5 Security required unless evidence of insurance.
287-8 Further exceptions to requirement of security.
287-10 Application to nonresidents and unlicensed drivers.
287-11 Form and amount of security.
287-12 Custody, disposition, and return of security.
287-14 Matters not to be evidence in civil court.
287-15 Report of nonpayment of judgments.
287-16 Suspension for nonpayment of judgment; exceptions.
287-17 Suspension to continue until judgments paid and proof given.
287-18 Payment sufficient to satisfy requirements.
287-19 Installment payment of judgment; default.
287-20 Proof of financial responsibility required upon conviction of certain offenses.
287-21 Alternate methods of giving proof.
287-22 Certificate of insurance as proof.
287-22.1 Certificate of insurance as proof; mandatory, when.
287-23 Certificate furnished by nonresident as proof.
287-24 Motor vehicle liability policy defined.
287-25 Owner's policy requirements.
287-26 Driver's policy requirements.
287-27 Contents of motor vehicle liability policy.
287-28 Liabilities which need not be covered.
287-29 General provisions governing liability policies.
287-30 Excess coverage permitted.
287-31 Reimbursement of insurer; proration of insurance.
287-32 Combining policies and issuing binders to meet requirements.
287-33 Notice of cancellation or termination of certified policy.
287-34 Chapter not to affect other policies.
287-36 Money or bonds as proof.
287-37 Owner may give proof for others.
287-39 Other proof may be required.
287-40 Duration of proof; when proof may be canceled or returned.
287-41 Surrender of license on violation.
287-46 Chapter supplemental to traffic ordinances and motor vehicle laws.
287-47 Other relief available.
287-48 Application of chapter to suspensions and revocations prior to January 1, 1950.