§ 901. Requirements for doing business. 1. No shared vehicle shall be\nclassified as a commercial vehicle, for-hire vehicle, transportation\nnetwork company or TNC vehicle as defined in article forty-four-B of the\nvehicle and traffic law, taxi-cab, rental vehicle as defined in section\none hundred thirty-seven-a of the vehicle and traffic law, or livery\nvehicle solely because the shared vehicle owner allows such vehicle to\nbe used for peer-to-peer car sharing, or as such for the duration of the\ncar sharing period, provided that: (a) the peer-to-peer car sharing is\ncompliant with a peer-to-peer car sharing program as provided in this\narticle; (b) if the car sharing program does not prohibit shared vehicle\ndrivers from using shared vehicles for commercial uses, the insurance\nmaintained by the car sharing program does not exclude coverage for such\ncommercial uses; and (c) the car sharing program does not knowingly\nplace the shared vehicle into use as a commercial vehicle or as a\nvehicle for-hire or as a transportation network company vehicle by a\nshared vehicle driver while engaged in peer-to-peer car sharing, unless\nthe shared vehicle driver or owner, as applicable, is in compliance with\nother laws applied to the commercial use or to use as a vehicle for-hire\nor as a transportation network company vehicle.\n * 2. A peer-to-peer car sharing program administrator, during each\npeer-to-peer car sharing period for each shared vehicle that it\nfacilitates the use and operation of, shall maintain insurance that\nprovides financial responsibility coverage as follows:\n (a) provide insurance coverage that satisfies the financial\nresponsibility requirements set forth in section three thousand four\nhundred twenty of the insurance law, article fifty-one of the insurance\nlaw and such other requirements, rules or regulations that may apply for\nthe purposes of satisfying the financial responsibility requirements\nwith respect to the use or operation of a motor vehicle;\n (b) maintain additional insurance against loss from the liability\nimposed by law for damages during the car sharing period, including\ndamages for care and loss of services, because of bodily injury to or\ndeath of any person and injury to or destruction of property arising out\nof the ownership, maintenance, use or operation of a specific personal\nvehicle or vehicles within the state, or elsewhere in the United States\nor Canada, subject to a limit, exclusive of interest and costs, with\nrespect to each such occurrence, of at least one million two hundred\nfifty thousand dollars because of bodily injury to or death of any\nperson, and injury to or destruction of property;\n (c) provide coverage in accordance with subsection (f) of section\nthree thousand four hundred twenty of the insurance law, providing\nsupplementary uninsured/underinsured motorist insurance for bodily\ninjury, subject to a limit per occurrence in the amount of one million\ntwo hundred fifty thousand dollars because of bodily injury or death of\nany person;\n (d) the insurance required under this subdivision need not be\ncoterminous with the registration period of the shared vehicle insured;\nand\n (e) For purposes of article fifty-one of the insurance law, 11 NYCRR\nPart 65 and general liability claims, notice to the shared vehicle\nowner, shared vehicle driver, peer-to-peer car sharing program\nadministrator, or any insurer of the shared vehicle owner, shared\nvehicle driver, or peer-to-peer car sharing program administrator of any\nclaim shall be deemed notice to all appropriate parties and insurers.\nAny shared vehicle owner, shared vehicle driver, peer-to-peer car\nsharing program administrator, or any insurer of the shared vehicle\nowner, shared vehicle driver, or peer-to-peer car sharing program\nadministrator receiving such notice shall provide such notice to all\nappropriate parties.\n * NB Effective until June 17, 2026\n * 2. A peer-to-peer car sharing program admini
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