113.0051 – ASSUMPTION OF LIABILITY BY PEER-TO-PEER CAR
Texas Business and Commerce Code § 113.0051
Summary
This law requires peer-to-peer car sharing programs to assume liability for injuries or damages to third parties during the car sharing period. It ensures that owners are protected from liability, provided the program meets specified minimum coverage amounts.
Peer-to-peer car sharing programs must assume liability for third-party injuries.
Liability coverage must meet minimum amounts specified in the law.
Owners are protected from liability during the car sharing period.
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In simple terms: Learn about Texas's ASSUMPTION OF LIABILITY BY PEER-TO-PEER CAR law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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