Tex. Bus. & Com. Code § 113.0057 · Subchapter B. ASSUMPTION OF LIABILITY AND INSURANCE REQUIREMENTS
INSURABLE INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Notwithstanding any other law, a peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.
(b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter.
(c) A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of automobile insurance that separately or in combination provide coverage for:
(1) liability assumed by the program under an agreement;
(2) liability of the owner;
(3) damage to or loss of the shared vehicle; or
(4) liability of the driver.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.113.htm
- Text hash
- sha256 f0cc0dc1bac565c343196a1300b58c1a1cec5342fef0e3004bf3ec8e9b91a5b9
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
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