{"data":{"id":"us-nc/n.c.-gen.-stat.-20-279.15","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 20-279.15","heading":"Payment sufficient to satisfy requirements.","body":"In addition to other methods of satisfaction provided by law, judgments herein referred to shall, for the purpose of this Article, be deemed satisfied:\n(1)\tWhen fifty thousand dollars ($50,000) has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of one person as the result of any one accident; or\n(2)\tWhen, subject to such limit of fifty thousand dollars ($50,000) because of bodily injury to or death of one person, the sum of one hundred thousand dollars ($100,000) has been credited upon any judgment or judgments rendered in excess of that amount because of bodily injury to or death of two or more persons as the result of any one accident; or\n(3)\tWhen fifty thousand dollars ($50,000) 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;\nProvided, however, 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. (1953, c. 1300, s. 15; 1963, c. 1238; 1967, c. 277, s. 3; 1973, c. 745, s. 3; c. 889; 1979, c. 832, ss. 3-5; 1991, c. 469, s. 3; 1991 (Reg. Sess., 1992), c. 837, s. 10; 1999-228, s. 3; 2023-133, s. 12(c); 2024-29, s. 8(c).)","path":["Chapter 20. Motor Vehicles.","Article 9A. Motor Vehicle Safety and Financial Responsibility Act of 1953."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_20/GS_20-279.15.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:08Z","sha256":"690571727e9eb3d4da959a9269dd689c680d8c6c1b8d06978ddd8054b0f64674","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-20-279.14","next":"us-nc/n.c.-gen.-stat.-20-279.16"},"notice":"GroundRules: Original legal text. Not legal advice."}