Rental Agreements; Damage Waivers

4 CMC § 52006 — under Motor Vehicle Rental Industry Act.

4 CMC § 52006

TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION

§ 52006. Rental Agreements; Damage Waivers. (a) Each rental agreement that contains a damage waiver shall disclose, at a minimum, in plain language and in at least ten-point boldface type, the following information: (l) That the damage waiver is optional; (2) That the damage waiver entails an additional charge; (3) The actual charge per day for the damage waiver; (4) All restrictions, conditions, and provisions in or endorsed on the damage waiver; (5) That the renter may already be sufficiently covered and should examine the renter’s personal automobile insurance policy to determine whether it provides coverage for damage and the amount of the deductible; (6) That by entering into the rental agreement, the renter may be liable for damage to the rental or U-drive motor vehicle; and (7) The acknowledgment described in 4 CMC § 52016. (b) The rental agreement shall not contain an unreasonable restriction, condition, or provision in or endorsed on a damage waiver. The damage waiver shall not exclude damages caused by ordinary negligence on the part of the renter. Source: PL 20-65 § 2 (Sept. 21, 2018), modified. Commission Comment: The Commission changed the capitalization of the section title pursuant to 1 CMC § 3806(f). The Commission changed “Section 116 of this chapter” to “4 CMC § 52016” in (a)(7) pursuant to 1 CMC § 3806(c) and (g).