Is there a way to release liability of a vehicle while still being a registered owner?

Question Details: If I am 1 of 3 registered names on a vehicle is there a release of liability form the other 2 parties can sign to protect me if either of them are in a car accident? The vehicle is not in my possession but I am on the registration. All 3 parties are of legal age and I do wish to continue being on the registration.

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