2016 Regular Session ENROLLED
SENATE BILL NO. 27
BY SENATOR JOHN SMITH
1 AN ACT
2 To amend and reenact R.S. 22:1762, 1763(A), and 1766(A) and (B), relative to motor
3 vehicle rental insurers; to provide with respect to limited licensing; to authorize
4 employees and authorized agents to be licensed under a limited licensee's license
5 when acting for or on behalf of a limited licensee; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 22:1762, 1763(A), and 1766(A) and (B) are hereby amended and
8 reenacted to read as follows:
9 §1762. Definitions
10 As used in this Part, the following words are defined as follows:
11 (1) "Authorized agent" means an agent or representative authorized by
12 the limited licensee to act individually on behalf, and under the supervision, of
13 the limited licensee to offer or sell insurance in connection with and incidental
14 to the rental of vehicles.
15 (2) "Commissioner" shall mean means the commissioner of insurance.
16 (2)(3) "Department" shall mean means the Department of Insurance.
17 (3)(4) "Limited licensee" means a person or entity authorized to sell certain
18 coverages relating to the rental of vehicles pursuant to the provisions of this Part.
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1 (4)(5) "Rental agreement" means any written agreement setting forth the
2 terms and conditions governing the use of a vehicle provided by the rental company
3 for rental or lease.
4 (5)(6) "Rental company" means any person or entity in the business of
5 providing primarily private passenger vehicles to the public under a rental agreement
6 for a period not to exceed ninety days.
7 (6)(7) "Rental period" means the term of the rental agreement.
8 (7)(8) "Renter" means any person obtaining the use of a vehicle from a rental
9 company under the terms of a rental agreement for a period not to exceed ninety
10 days.
11 (8)(9) "Vehicle" or "rental vehicle" means a motor vehicle of the private
12 passenger type including passenger vans, minivans, and sport utility vehicles, and of
13 the cargo type including but not limited to cargo vans, pickup trucks and trucks with
14 a gross vehicle weight of less than twenty-six thousand pounds and which do not
15 require the operator to possess a commercial driver's license.
16 §1763. Limited licensing; fees
17 A. The commissioner may issue to a rental company, whether such rental
18 company is a foreign or domestic company, that has complied with the requirements
19 of this Part, a limited license authorizing the limited licensee and its employees and
20 authorized agents to offer or sell insurance in connection with the rental of vehicles.
21 Each such employee and authorized agent shall be deemed to be licensed under
22 the limited licensee's license when acting for or on behalf of the limited licensee.
23 * * *
24 §1766. Authorized employees and agents
25 A. Any limited license issued under this Part shall also authorize any
26 employee employees and any authorized agents of the limited licensee to act
27 individually on behalf, and under the supervision, of the limited licensee with respect
28 to the kinds of coverage specified in this Part.
29 B. Each rental company licensed pursuant to this Part shall conduct a training
30 program in which employees and authorized agents being trained shall receive
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1 basic instruction about the kinds of coverage specified in this Part and offered for
2 purchase by prospective renters of rental vehicles.
3 * * *
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.