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§ 17-208. Satisfied judgments

West's Annotated Code of MarylandTransportation

West's Annotated Code of Maryland
Transportation
Title 17. Vehicle Laws--Required Security (Refs & Annos)
Subtitle 2. Nonpayment of Judgments (Refs & Annos)
MD Code, Transportation, § 17-208
§ 17-208. Satisfied judgments
Currentness
Full payments, payments of minimum required, or orders of satisfaction
(a) For purposes of this subtitle, a judgment is considered satisfied if:
(1) It is paid to the judgment creditor or into the court that rendered the judgment, either in full or up to the minimum required security amounts required under the Maryland Vehicle Law;1 or
(2) An order of satisfaction is filed with the court that rendered the judgment.
Credit for payments made in settlement of claims
(b) A payment made in settlement of any claim because of bodily injury, death, or property damage arising from the accident shall be credited in reduction of the payment required by subsection (a)(1) of this section.

Credits

Added by Acts 1977, c. 14, § 2, eff. July 1, 1977.
Formerly Art. 66 ½, § 7-208.

Footnotes

1
Transportation, § 11-101 et seq.
MD Code, Transportation, § 17-208, MD TRANS § 17-208
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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