Georgia § 40-1-227 - Insurable interests.
Full text of Georgia Official Code of Georgia Annotated § 40-1-227 — Insurable interests., with citation guidance and answers to common questions.
§ 40-1-227. Insurable interests.
Notwithstanding any other provision of law, a peer-to-peer car-sharing program shall have an insurable interest in a shared vehicle during the car-sharing period. Except as provided in Code Section 40-1-226, nothing in this part creates a liability on a peer-to-peer car-sharing program to maintain the coverage mandated by this part. 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 provides coverage for: Liabilities assumed by the peer-to-peer car-sharing program under a car-sharing program agreement; Any liability of the shared vehicle owner; Damage or loss to the shared motor vehicle; or Any liability of the shared vehicle driver. (Code 1981, § 40-1-227 , enacted by Ga. L. 2020, p. 310, § 2/HB 337.)
Frequently Asked Questions About Georgia § 40-1-227
What does Official Code of Georgia Annotated § 40-1-227 cover?
Section 40-1-227 ("Insurable interests.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 40-1-227?
A common citation format is "Official Code of Georgia Annotated § 40-1-227" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 40-1-227 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.