Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 11 - INSURANCEChapter III - Policy and Certificate ProvisionsSubchapter B - Property and Casualty InsurancePart 60 - Minimum Provisions For Automobile Liability Insurance Policies And Supplementary Uninsured Motorists Insurance
Subpart 60-4 - Peer-to-Peer Car Sharing Programs: Minimum Provisions for Group Policies and Other Requirements
Section 60-4.1 - Definitions

N.Y. Comp. Codes R. & Regs. Tit. 11 §§ 60-4.1

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Current through Register Vol. 46, No. 45, November 2, 2024
Section 60-4.1 - Definitions

Unless otherwise stated or required in context:

(a) In this Part:
(1)Group policy means an insurance policy issued pursuant to Insurance Law section 3458.
(2)Named insured means, with respect to a group policy, a peer-to-peer car sharing program administrator or, with respect to a certificate under the group policy, the shared vehicle driver or shared vehicle owner to whom a certificate of insurance is issued under the group policy.
(3)Owner's policy of liability insurance means the insurance policy required pursuant to Vehicle and Traffic Law section 311.
(b) In this Title:
(1) Peer-to-peer car sharing period shall have the meaning set forth in General Business Law section 901(10).
(2) Peer-to-peer car sharing program administrator shall have the meaning set forth in General Business Law section 901(3).
(3) Shared vehicle shall have the meaning set forth in General Business Law section 901(5).
(4) Shared vehicle driver shall have the meaning set forth in General Business Law section 901(6).
(5) Shared vehicle owner shall have the meaning set forth in General Business Law section 901(7).

N.Y. Comp. Codes R. & Regs. Tit. 11 §§ 60-4.1

Adopted New York State Register February 8, 2023/Volume XLV, Issue 06, eff. 2/8/2023