{"data":{"id":"us-mi/mich.-comp.-laws-257.514","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 257.514","heading":"When judgments deemed satisfied.","body":"Sec. 514.\n\nJudgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:\n\nWhen $20,000.00 is 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\n\nWhen, subject to such limit of $20,000.00 because of bodily injury to or death of 1 person, the sum of $40,000.00 is credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of 2 or more persons as the result of any one accident; or\n\nWhen $10,000.00 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.","path":["MI Code","Chapter 257","Act Act-300-of-1949"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-257-514","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"ef133caa813838a1b8a727c95058661b7d20faea02324e494d17be569099147f","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-257.513","next":"us-mi/mich.-comp.-laws-257.515"},"notice":"GroundRules: Original legal text. Not legal advice."}