DETROIT -- Chrysler Financial, an arm of DaimlerChrysler Services North America LLC, says it will end leasing in Rhode Island on Aug. 1 if that state's legislature fails to act on a vicarious liability law by June 30.
Under current Rhode Island law, the financing unit, as the titleholder of a leased vehicle, can be held responsible for personal injury and property damage caused by the driver of a leased vehicle, the company says.
In 2004, Chrysler Financial stopped leasing in New York for the same reason. Chrysler wants 2-year-old legislation restricting liability in Rhode Island to be renewed.
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