Texas § BC.113.0057 - INSURABLE INTEREST
Full text of Texas The Texas Constitution § BC.113.0057 — INSURABLE INTEREST, with citation guidance and answers to common questions.
§ BC.113.0057. INSURABLE INTEREST
INSURABLE INTEREST. (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. (b) Nothing in this section creates a duty on a peer-to-peer car sharing program to maintain the coverage required under this subchapter. (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: (1) liability assumed by the program under an agreement; (2) liability of the owner; (3) damage to or loss of the shared vehicle; or (4) liability of the driver. Added by Acts 2021, 87th Leg., R.S., Ch. 445 (H.B. 113 ), Sec. 1, eff. September 1, 2021.
Frequently Asked Questions About Texas § BC.113.0057
What does The Texas Constitution § BC.113.0057 cover?
Section BC.113.0057 ("INSURABLE INTEREST") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § BC.113.0057?
A common citation format is "The Texas Constitution § BC.113.0057" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BC.113.0057 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.