GMAC Financial Services says it will continue leasing in Rhode Island until July 2004 due to actions taken to reform the vicarious liability law in the state. A temporary solution to the statute, which makes the leaseholder responsible for the lessee in the event of an accident, was amended by the Rhode Island legislature recently and signed into law by the governor. However, the fix is only temporary and runs until July 2004 on vehicle leases up to 39 months. GMAC previously said it ...
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