Louisiana · Louisiana Revised Statutes — Title 32, Motor Vehicles and Traffic
La. R.S. 32 § 32:894: Payments sufficient to satisfy requirements
What this law says, in plain English
This statute establishes payment thresholds that satisfy judgments from motor vehicle accidents: $15,000 for one person's bodily injury or death, $30,000 for multiple persons' injuries or deaths, and $25,000 for property damage. Settlement payments reduce these amounts.
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