Terms Used In Ohio Code 4516.13

• agreement: means an agreement established through the peer-to-peer car sharing program that serves as a contract between the peer-to-peer car sharing program, the shared vehicle owner, and the shared vehicle driver and describes the specific terms and conditions of the agreement, including the car sharing period and the location or locations for transfer of possession. See Ohio Code 4516.01
• Contract: A legal written agreement that becomes binding when signed.
• Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. ^{Source: FDIC}
• Peer-to-peer car sharing: means the authorized use of a motor vehicle by an individual other than the motor vehicle's owner through a peer-to-peer car sharing program. See Ohio Code 4516.01
• Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
• program: means a person who operates a business platform that connects a shared vehicle owner to a shared vehicle driver to enable the sharing of vehicles for financial consideration. See Ohio Code 4516.01
• Property: means real and personal property. See Ohio Code 1.59
• Shared vehicle: means a personal motor vehicle that is registered as a passenger car under Chapter 4503 of the Revised Code or a substantially similar law in another state and that is enrolled in a peer-to-peer car sharing program. See Ohio Code 4516.01
• Shared vehicle driver: means a person authorized by a shared vehicle owner, in accordance with the terms and conditions of a peer-to-peer car sharing program agreement, to operate a shared vehicle during a car sharing period. See Ohio Code 4516.01
• Shared vehicle owner: means a registered owner of a shared vehicle or a person designated by the registered owner. See Ohio Code 4516.01