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Terms Used In Indiana Code 24-4-9.2-18

  • Contract: A legal written agreement that becomes binding when signed.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • shared vehicle: means a vehicle that a shared vehicle owner has made available for P2P vehicle sharing with a shared vehicle driver through a P2P vehicle sharing program. See Indiana Code 24-4-9.2-6
  • shared vehicle owner: means an individual who makes a shared vehicle available for P2P vehicle sharing with a shared vehicle driver through a P2P vehicle sharing program. See Indiana Code 24-4-9.2-8
   Sec. 18. When a vehicle owner registers as a shared vehicle owner on a P2P vehicle sharing program and before a shared vehicle owner makes a shared vehicle available for sharing on the P2P vehicle sharing program, a P2P vehicle sharing program shall notify the shared vehicle owner that if the shared vehicle has a lien against it, the use of the shared vehicle through a P2P vehicle sharing program, including use without physical damage coverage, may violate the terms of the contract with the lienholder.

As added by P.L.253-2019, SEC.3.