Okla. Stat. tit. 47, § 47-1059
This is the official text of Okla. Stat. tit. 47, § 47-1059, 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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Insurable interest
Official statutory text
A. Notwithstanding any other law, statute, rule or regulation
to the contrary, a peer-to-peer car sharing program shall have an
insurable interest in a shared vehicle during the car sharing
period.
B. Nothing in this section shall create liability on a peer-to-
peer car sharing program to maintain the coverage mandated by
Section 4 of this act.
C. A peer-to-peer car sharing program may own and maintain as
the named insured one or more policies of motor vehicle liability
insurance that provide coverage for:
1. Liabilities assumed by the peer-to-peer car sharing program
under a peer-to-peer car sharing program agreement;
2. Liability of the shared vehicle owner;
3. Damage or loss to the shared motor vehicle; or
4. Liability of the shared vehicle driver.
to the contrary, a peer-to-peer car sharing program shall have an
insurable interest in a shared vehicle during the car sharing
period.
B. Nothing in this section shall create liability on a peer-to-
peer car sharing program to maintain the coverage mandated by
Section 4 of this act.
C. A peer-to-peer car sharing program may own and maintain as
the named insured one or more policies of motor vehicle liability
insurance that provide coverage for:
1. Liabilities assumed by the peer-to-peer car sharing program
under a peer-to-peer car sharing program agreement;
2. Liability of the shared vehicle owner;
3. Damage or loss to the shared motor vehicle; or
4. Liability of the shared vehicle driver.
Status: in_force · Read it on the official government site
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