23 CAR § 8-110. Funds do not need to be treated as funds accepted in a fiduciary capacity

(a) Notwithstanding any other provision of this part, or any rule adopted by the Insurance Commissioner, a limited licensee pursuant to this part shall not be required to treat moneys collected from renters purchasing such insurance when renting vehicles as funds received in a fiduciary capacity, provided that the charges for coverages shall be: (1) Itemized; and (2) Ancillary to a rental transaction. (b) The sale of insurance not in conjunction with a rental transaction shall not be permitted.