N.Y. General Business Law § 904 – Insurable interest | Midpage
904
N.Y. General Business Law § 904
Insurable interest
Effective Jun 24, 2022
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.