Section 287-18 - Payment sufficient to satisfy requirementsJudgments 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