34. Within seven days of receipt of the application accompanied by an authentic copy of the judgment, the Fonds shall satisfy the judgment, up to thirty-five thousand dollars, in addition to interest and costs, but deducting from such amount any sum or value received by the creditor and deducting from any amount due for damage to property the sum of two hundred dollars.
If, however, there is a possibility of claims exceeding the whole of the prescribed amount, the Fonds may defer payment to the extent deemed necessary until the other claims are liquidated.
R. S. 1964, c. 232, s. 38; 1977, c. 68, s. 212.