Illinois Compiled Statutes 815 ILCS 312/25 – Recordkeeping; use of vehicle in car sharing
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Terms Used In Illinois Compiled Statutes 815 ILCS 312/25
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
A car-sharing program shall collect and verify records pertaining to the use of a vehicle, including, but not limited to, times used, car-sharing period pick up and drop off locations, fees paid by the shared-vehicle driver, and revenues received by the shared-vehicle owner, and the car-sharing program shall provide that information upon request to the shared-vehicle owner, the shared-vehicle owner’s insurer, or the shared-vehicle driver’s insurer to facilitate a claim coverage investigation, settlement, negotiation, or litigation. The car-sharing program shall retain the records for a period not less than the applicable personal injury statute of limitations.