SB 2736

AN ACT TO PROVIDE A LIMITATION OF DAMAGES IN ANY CAUSE OR RIGHT OF ACTION ARISING OUT OF A MOTOR VEHICLE ACCIDENT, FOR SUCH INJURY OR DAMAGES OCCASIONED BY AN OWNER OR OPERATOR OF A MOTOR VEHICLE INVOLVED IN SUCH ACCIDENT WHO FAILS TO OWN OR MAINTAIN A COMPULSORY MOTOR VEHICLE LIABILITY SECURITY; TO DEFINE THE TERM "COMPULSORY MOTOR VEHICLE LIABILITY SECURITY"; TO PROVIDE CERTAIN EXCEPTIONS TO THE LIMITATION ON DAMAGES; TO CREATE AN AFFIRMATIVE DEFENSE FOR THE LIMITATION OF RECOVERY PROVISIONS FOR CERTAIN PERSONS; TO PROVIDE THAT NOTHING IN THIS ACT SHALL PRECLUDE PASSENGER'S CLAIM TO RECOVER DAMAGES FOR INJURY, DEATH OR LOSS; TO PROVIDE FOR THE RIGHTS OF INSURERS; TO LIMIT THE EFFECTS OF ISSUANCES, CHANGES OR ADJUSTMENTS OF LIABILITY SECURITY OR INSURANCE POLICY SUBSEQUENT TO MOTOR VEHICLE ACCIDENTS; TO PROVIDE THAT THE PROVISIONS OF THIS ACT SHALL NOT APPLY TO ANY VEHICLE WHICH IS LEGALLY PARKED AT THE TIME OF THE ACCIDENT; AND FOR RELATED PURPOSES.