Missouri § 303.120 - Judgments deemed satisfied, when.
Full text of Missouri Revised Statutes of Missouri § 303.120 — Judgments deemed satisfied, when., with citation guidance and answers to common questions.
§ 303.120. Judgments deemed satisfied, when.
1. Judgments herein referred to shall, for the purpose of this chapter only, be deemed satisfied:
(1) When twenty-five thousand dollars 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
(2) When, subject to such limit of twenty-five thousand dollars because of bodily injury to or death of one person, the sum of fifty thousand dollars 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
(3) When twenty-five thousand dollars 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.
2. 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.
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(L. 1953 p. 569 § 303.150, A.L. 1965 p. 481, A.L. 1981 S.B. 201, A.L. 2018 S.B. 708)
Effective 7-01-19
---- end of effective 01 Jul 2019 ----
Frequently Asked Questions About Missouri § 303.120
What does Revised Statutes of Missouri § 303.120 cover?
Section 303.120 ("Judgments deemed satisfied, when.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 303.120?
A common citation format is "Revised Statutes of Missouri § 303.120" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 303.120 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.