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  • SECTION 903
    Lien implications; notification
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  • ARTICLE 40
    Peer-to-peer Car Sharing Programs
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  • SECTION 905
    Disclosures
    • This entry was published on 2022-06-24
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    SECTION 904

    Insurable interest

    General Business (GBS) CHAPTER 20, ARTICLE 40

    § 904. Insurable interest. 1. Notwithstanding any other provision of
    law to the contrary, a peer-to-peer car sharing program administrator
    shall have an insurable interest in a shared vehicle during the
    peer-to-peer car sharing period.

    2. Nothing in this section shall create an obligation for a
    peer-to-peer car sharing program administrator to provide insurance
    beyond the requirement to ensure financial security pursuant to the
    provisions of subdivision two of section nine hundred one of this
    article.