Okla. Stat. tit. 47, § 47-1052

This is the official text of Okla. Stat. tit. 47, § 47-1052, part of Oklahoma’s Stat. tit. 47, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 47,." Browse the sections below, each linked to its official government source.

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Assumption of liability

Official statutory text

A. A peer-to-peer car sharing program shall assume liability,

except as provided in subsection B of this section, of a shared

Oklahoma Statutes - Title 47. Motor Vehicles Page 1030

vehicle owner for bodily injury or property damage to third parties

or uninsured and underinsured motorist or personal injury protection

losses during the car sharing period, in an amount stated in the

peer-to-peer car sharing program agreement, which shall not be less

than those set forth in Section 7-600 et seq. of Title 47 of the

Oklahoma Statutes.

B. Notwithstanding the definition of "car sharing termination

time" as set forth in Section 2 of this act, the assumption of

liability under subsection A of this section shall not apply to any

shared vehicle owner when a shared vehicle owner:

1. Makes an intentional or fraudulent material

misrepresentation or omission to the peer-to-peer car sharing

program before the car sharing period in which the loss occurred; or

2. Acts in concert with a shared vehicle driver who fails to

return the shared vehicle pursuant to the terms of the car sharing

program agreement.

C. Notwithstanding the definition of "car sharing termination

time" as set forth in Section 2 of this act, the assumption of

liability under subsection A of this section shall apply to bodily

injury, property damage, uninsured and underinsured motorist or

personal injury protection losses by damaged third parties required

by Section 7-600 et seq. of Title 47 of the Oklahoma Statutes.

Status: in_force · Read it on the official government site

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