13-48a-301. Car-sharing company assumption of liability for a covered loss -- Exception.
(1) Except as provided in Subsection, a car-sharing program shall assume liability of a shared vehicle owner for bodily injury or property damage to third parties or personal injury protection losses during the car-sharing period in an amount stated in the car-sharing agreement, which amount may not be less than those set forth in Section. (2) 31A-22-304
(2) Notwithstanding the definition of car-sharing termination time, the assumption of liability under Subsectiondoes not apply to a shared vehicle owner when: (1) a shared vehicle owner makes an intentional or fraudulent material misrepresentation or omission to the car-sharing program before the car-sharing period in which the loss occurred; or acting in concert with a shared vehicle driver who fails to return the shared vehicle pursuant to the terms of the car-sharing agreement.
(3) Notwithstanding the definition of car-sharing termination time, the assumption of liability under Subsectionwould apply to bodily injury, property damage, or personal injury protection losses by damaged third parties required by Section. (1) 31A-22-304