Legislation
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.
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.