Texas Business & Commerce Code
§ 113.0051 — ASSUMPTION OF LIABILITY BY PEER-TO-PEER CAR SHARING PROGRAM
BC § 113.0051Title 5. REGULATION OF BUSINESSES AND SERVICES · Part C. BUSINESS OPERATIONS · Ch. 113. PEER-TO-PEER CAR SHARING PROGRAMS · Art. B. ASSUMPTION OF LIABILITY AND INSURANCE REQUIREMENTS
Statute text
View on source(a)Except as provided by Subsection (b), a peer-to-peer car sharing program shall assume liability of an owner for bodily injury or property damage to third parties or uninsured or underinsured motorist or personal injury protection losses by damaged third parties during the car sharing period in an amount stated in the agreement, which may not be less than, as applicable, the amounts:
(1)provided by Subchapter D, Chapter 601, Transportation Code;
(2)required for uninsured or underinsured motorist coverage under Section 1952.101, Insurance Code; or
(3)provided as the maximum amount of required personal injury protection coverage under Section 1952.153, Insurance Code.
(b)A peer-to-peer car sharing program is not required to assume liability of an owner if the owner:
(1)makes an intentional or fraudulent material misrepresentation or omission to the program before the car sharing period in which the loss occurred; or
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Legislative history
Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.