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Codified Laws

21-3A-1.1Purposes of chapter.

The purposes of this chapter are to fully and fairly compensate injured parties as well as to:

(1)    Alleviate some of the practical problems incident to unpredictability of large future losses;

(2)    Effectuate more precise awards of damages for actual losses;

(3)    Pay damages as the trier of fact finds the losses will accrue; and

(4)    Assure that payments of damages more nearly serve the purposes for which they are awarded.

Source: SL 1986, ch 163, § 15, as added by SL 1988, ch 181, § 1.