North Carolina General Statutes 66-201. Definitions
As used in this Article:
(1) “Collision damage waiver” means any contract or contractual provision, whether separate from or a part of a rental agreement, whereby the rental car company agrees for a charge to waive any and all claims against the renter for any damages to the rented vehicle during the term of the rental agreement.
Terms Used In North Carolina General Statutes 66-201
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damage: means any damage or loss to the rented vehicle, including loss of use and any costs and expenses incident to the damage or loss. See North Carolina General Statutes 66-201
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes an individual, aggregation of individuals, corporation, company, association, or partnership. See North Carolina General Statutes 66-201
- Rental agreement: means any written agreement setting forth the terms and the conditions governing the use of a vehicle provided by the rental car company. See North Carolina General Statutes 66-201
- Rental car company: means any person in the business of providing vehicles to the public. See North Carolina General Statutes 66-201
- Renter: means any person obtaining the use of a vehicle from a rental car company under the terms of a rental agreement. See North Carolina General Statutes 66-201
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
- Vehicle: means a motor vehicle of the private passenger type including passenger vans and minivans that are primarily intended for transport of persons. See North Carolina General Statutes 66-201
- Vehicle license and registration fees: means charges that may be imposed upon any rental transaction originating in this State to recoup the costs incurred by a rental car company to license, title, inspect, and register rental vehicles. See North Carolina General Statutes 66-201
(2) “Damage” means any damage or loss to the rented vehicle, including loss of use and any costs and expenses incident to the damage or loss.
(3) “Person” includes an individual, aggregation of individuals, corporation, company, association, or partnership.
(4) “Rental agreement” means any written agreement setting forth the terms and the conditions governing the use of a vehicle provided by the rental car company.
(5) “Rental car company” means any person in the business of providing vehicles to the public.
(6) “Renter” means any person obtaining the use of a vehicle from a rental car company under the terms of a rental agreement.
(7) “Vehicle” means a motor vehicle of the private passenger type including passenger vans and minivans that are primarily intended for transport of persons.
(8) “Vehicle license and registration fees” means charges that may be imposed upon any rental transaction originating in this State to recoup the costs incurred by a rental car company to license, title, inspect, and register rental vehicles. Rental car companies shall make a good faith effort to ensure that any vehicle license and registration fees collected do not exceed the actual costs incurred by the rental car company to license, title, inspect, and register rental vehicles. Any amounts collected by the rental car company in excess of the actual amount of its costs incurred shall be retained by the rental car company and applied to the costs incurred in the next calendar year for licensing, titling, inspecting, and registering rental vehicles. In that event, the good faith estimate of any vehicle license and registration fees to be charged by the company in the next calendar year shall be reduced to take into account the excess amount collected from the prior year. (1989, c. 631, s. 2; c. 770, s. 62; 2007-235, s. 1.)