Michigan § 500.130 - Peer-to-peer car sharing program; shared vehicle; insured interest.
Full text of Michigan Michigan Compiled Laws § 500.130 — Peer-to-peer car sharing program; shared vehicle; insured interest., with citation guidance and answers to common questions.
§ 500.130. Peer-to-peer car sharing program; shared vehicle; insured interest.
(1) A peer-to-peer car sharing program has an insurable interest in a shared vehicle during the car sharing period.
(2) A peer–to–peer car sharing program may own and maintain as the named insured 1 or more policies of automobile insurance that provide coverage for any of the following:
(a) Liabilities assumed by the peer–to–peer car sharing program under a car sharing program agreement.
(b) Any liability of the shared vehicle owner.
(c) Damage or loss to the shared vehicle.
(d) Any liability of the shared vehicle driver.
(3) A peer-to-peer car sharing program shall not do any of the following:
(a) Unless authorized, offer or sell insurance, except travel or auto-related insurance offered or sold in connection with and incidental to the sharing of a motor vehicle under a car sharing program agreement.
(b) Make a car sharing program agreement contingent on the shared vehicle driver purchasing residual third-party liability insurance through the peer-to-peer car sharing program.
(4) As used in this section, "car sharing period", "car sharing program agreement", "peer-to-peer car sharing program", "shared vehicle", "shared vehicle driver", and "shared vehicle owner" mean those terms as defined in section 3 of the peer-to-peer car sharing program act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.130
What does Michigan Compiled Laws § 500.130 cover?
Section 500.130 ("Peer-to-peer car sharing program; shared vehicle; insured interest.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. 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 Michigan § 500.130?
A common citation format is "Michigan Compiled Laws § 500.130" (Michigan). 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 Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.130 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan 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 Michigan.