(1) A car sharing program shall have an insurable interest in a shared car during
the sharing period. This section does not create liability for a car sharing program for failure to
maintain the insurance coverage required in section 6-1-1203 if insurance coverage is maintained in compliance with section 6-1-1203 by the shared car driver or the shared car owner.
(2) A car sharing program may own and maintain, as the named insured, one or more
policies of automobile liability insurance that provide coverage in the amount of,
in excess of, or optional to the amount of coverage required in this part 12. The coverage may include coverage for:
(a) Liability assumed by the car sharing program under a car sharing agreement;
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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