{"data":{"id":"us-tx/tex.-business-commerce-code-113.0057","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 113.0057","heading":"INSURABLE INTEREST.","body":"(a) Notwithstanding any other law, a peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.\n(b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter.\n(c) A peer-to-peer car sharing program may own and maintain as the named insured one or more policies of automobile insurance that separately or in combination provide coverage for:\n(1) liability assumed by the program under an agreement;\n(2) liability of the owner;\n(3) damage to or loss of the shared vehicle; or\n(4) liability of the driver.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113), Sec. 1, eff. September 1, 2021.","path":["BUSINESS AND COMMERCE CODE","TITLE 5. REGULATION OF BUSINESSES AND SERVICES","SUBTITLE C. BUSINESS OPERATIONS","CHAPTER 113. PEER-TO-PEER CAR SHARING PROGRAMS","SUBCHAPTER B. ASSUMPTION OF LIABILITY AND INSURANCE REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.113.htm#113.0057","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"660be2e2aee1004c87a211691f490a97657ac23319d425b93032cba107ae2d87","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-113.0056","next":"us-tx/tex.-business-commerce-code-113.0058"},"notice":"GroundRules: Original legal text. Not legal advice."}