Michigan Compiled Laws

Mich. Comp. Laws § 257.514 (2026)

When judgments deemed satisfied.

✓ current as of July 2026
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MICHIGAN VEHICLE CODE


Act 300 of 1949


257.514 When judgments deemed satisfied.

Sec. 514.

    Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:

    1. When $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

    2. When, 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

    3. When $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.

History: 1949, Act 300, Eff. Sept. 23, 1949 ;-- Am. 1958, Act 155, Eff. Sept. 13, 1958 ;-- Am. 1971, Act 191, Imd. Eff. Dec. 20, 1971

Notes of Decisions
Cited in 2 cases, 1976–1994 · leading case: Allstate Ins. v. Elassal, 512 N.W.2d 856 (Mich. Ct. App. 1994).
Allstate Ins. v. Elassal, 512 N.W.2d 856 (Mich. Ct. App. 1994). “MCL 257.514; MSA 9.2214, MCL 257.520(b)(2); MSA 9.”
Abbott v. Sec'y of State, 240 N.W.2d 800 (Mich. Ct. App. 1976). “A judgment is satisfied in full, according to § 514, MCLA 257.514; MSA 9.2214, "[w]hen $20,000 is credited upon any judgment * * * rendered in excess of that amount because of bodily injury to * * * 1 person as the result of any one accident.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.