{"data":{"id":"us-il/815-ilcs-312-40","jurisdiction":"us-il","citation":"815 ILCS 312/40","heading":"","body":"Insurable interest.\n(a) Notwithstanding any other law, statute, rule, or regulation to the contrary, a car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period and may provide or offer to provide coverage to a shared-vehicle owner or a shared-vehicle driver under the policy of insurance described in subsection (c).\n(b) Nothing in this Section shall be construed as modifying the obligations of the car-sharing program pursuant to Section 10.\n(c) A car-sharing program may own and maintain, as the named insured, one or more policies of motor vehicle liability insurance that separately or in combination provides coverage for:\n(1) liabilities assumed by the car-sharing program under a car-sharing agreement;\n(2) any liability of the shared-vehicle owner;\n(3) damage or loss to the shared vehicle; or\n(4) any liability of the shared-vehicle driver.","path":["CHAPTER 815 BUSINESS TRANSACTIONS","Car-Sharing Program Act."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=4203\u0026ChapterID=67\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"59d44af5179d1f3c7461f837312956c2c6073cfca80ad5cef091e874510a0c0a","source_id":"us-il","stale":false,"prev":"us-il/815-ilcs-312-35","next":"us-il/815-ilcs-312-45"},"notice":"GroundRules: Original legal text. Not legal advice."}