Statute · New York General Business Law

N.Y. Gen. Bus. Law § 904 — Insurable interest

N.Y. Gen. Bus. Law § 904

Type
Statute
Source
New York General Business Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 904. Insurable interest. 1. Notwithstanding any other provision of law to the contrary, a peer-to-peer car sharing program administrator shall have an insurable interest in a shared vehicle during the peer-to-peer car sharing period.

Citator

N.Y. Gen. Bus. Law § 904 — Insurable interest is in force in the current edition of the Code, and nothing recorded condemns it.

§ 904. Insurable interest. 1. Notwithstanding any other provision of law to the contrary, a peer-to-peer car sharing program administrator shall have an insurable interest in a shared vehicle during the peer-to-peer car sharing period.

2. Nothing in this section shall create an obligation for a peer-to-peer car sharing program administrator to provide insurance beyond the requirement to ensure financial security pursuant to the provisions of subdivision two of section nine hundred one of this article.