60-3409. Insurable interest; coverage by program.
85 words·~1 min read·
/ne/chapter-60/60-3409A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A program shall have an insurable interest in a vehicle during the sharing period.
(2)Nothing in this section shall impose liability on a program to maintain the coverage required by section 60-3403 or 60-3404 .
(3)A program may own and maintain as the named insured one or more policies of motor vehicle liability insurance that provides coverage for:
(a)Liabilities assumed by the program under an agreement;
(b)Liability of an owner or driver; or
(c)Damage or loss to a vehicle.