Ill. Admin. Code tit. 92 § 1360.65

Current through Register Vol. 48, No. 50, December 13, 2024

Section 1360.65 - Additional Requirements for Trip Leases Between Authorized Carriers

Authorized carriers are permitted to trip lease equipment to or from other authorized carriers only if:

a) The lessor owns the equipment or has possession and control of the equipment under a lease of 30 days or more;

b) The lessee exercises exclusive supervision and control of the equipment while it is operated under lessee's license; and

c) All other requirements of this Part are complied with.

Ill. Admin. Code tit. 92, § 1360.65

Added at 11 Ill. Reg. 16447, effective October 1, 1987