Section 16377 Of Article 2. Suspension Of Driving Privilege From California Vehicle Code >> Division 7. >> Chapter 2. >> Article 2.
16377
. (a) For the purposes of this chapter, every judgment shall
be deemed satisfied if any of the following apply:
(1) Fifteen thousand dollars ($15,000) has been credited, upon any
judgment in excess of that amount, or upon all judgments,
collectively, which together total in excess of that amount, for
personal injury to or death of one person as a result of any one
accident.
(2) Subject to the limit of fifteen thousand dollars ($15,000) as
to one person, the sum of thirty thousand dollars ($30,000) has been
credited, upon any judgment in excess of that amount, or upon all
judgments, collectively, which together total in excess of that
amount, for personal injury to or death of more than one person as a
result of any one accident.
(3) Five thousand dollars ($5,000) has been credited, upon any
judgment in excess of that amount, or upon all judgments,
collectively, each of which is in excess of one thousand dollars
($1,000), and which together total in excess of five thousand dollars
($5,000), for damage to property of others as a result of any one
accident.
(4) The judgment debtor or a person designated by him or her has
deposited with the department a sum equal to the amount of the
unsatisfied judgment for which the suspension action was taken and
presents proof, satisfactory to the department, of inability to
locate the judgment creditor.
(b) This section shall become operative on January 1, 2017.