Texas Business and Commerce Code 113.0103 – Record Retention
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(a) A peer-to-peer car sharing program shall keep and maintain a record of:
(1) the name and address of each driver who has entered into an agreement with the program; and
(2) the driver’s license number and place of issuance of each driver and individual who will operate a shared vehicle under the program.
(b) A peer-to-peer car sharing program shall collect and verify records related to use of a shared vehicle under the program, including:
(1) the times the vehicle is used;
(2) car sharing period pick-up and drop-off locations;
(3) money received by the owner; and
(4) fees paid by the driver.
Terms Used In Texas Business and Commerce Code 113.0103
- 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.
(c) A peer-to-peer car sharing program shall provide information collected under Subsection (b) on request to the owner, the owner’s insurer, or the driver’s insurer to facilitate a claim coverage investigation, settlement, negotiation, or litigation.
(d) A peer-to-peer car sharing program shall retain information collected under Subsection (b) for a period of not less than the limitations period provided under § 16.003, Civil Practice and Remedies Code, for a personal injury suit.