Utah Statutes
§ 13-48a-304 — Insurable interest -- Insurance to cover various liabilities -- No liability to maintain certain insurance.
Utah·Title 13 Commerce and Trade·Ch. 13-48a Car-Sharing Programs·Part 13-48a-3 Liability and Insurance for Covered Loss from Operation of Shared Vehicle
(1)Notwithstanding any other provision of law, a car-sharing program has an insurable interest in a shared vehicle during the car-sharing period.
(2)A car-sharing program may own and maintain as the named insured one or more policies of motor vehicle insurance that provide coverage for:
(2)(a) a liability assumed by the car-sharing program under a car-sharing agreement;
(2)(b) a liability of the shared vehicle owner;
(2)(c) a liability of the shared vehicle driver; or
(2)(d) damage or loss to a shared vehicle.
(3)Nothing in this section requires a car-sharing program to maintain insurance coverage for the car-sharing program's liability under this chapter.
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Utah § 13-48a-304 (Insurable interest -- Insurance to cover various liabilities -- No liability to maintain certain insurance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Chapter 361, 2023 General Session
Nearby Sections
15
§ 13-1-15
Exemptions from licensure.§ 13-1-18
License by endorsement.§ 13-1-2
Creation and functions of department -- Divisions created -- Fees -- Commerce Service Account.§ 13-1-3
Executive director.§ 13-1-4
Centralization of duties.§ 13-1-6
Rules and regulations.§ 13-1-7
Budgets.§ 13-1-8
Annual report.§ 13-1-8.5
Procedures -- Adjudicative proceedings.§ 13-10-1
Title of chapter.§ 13-10-2
Purpose of chapter.