Ill. Admin. Code tit. 92, § 1457.970 – Additional Requirements for Trip Leases between Authorized Carriers | Midpage
§ 1457.970
Ill. Admin. Code tit. 92, § 1457.970
Additional Requirements for Trip Leases between Authorized Carriers
AUTHORITY: Implementing Sections 18c-1202 and 18c-2107 and authorized by Section 18c-1202 of the Illinois Commercial Transportation Law [625 ILCS 5].ILLINOIS COMMERCE COMMISSION
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 Subpart are complied with.
Authorized carriers are permitted to trip lease equipment to or from other authorized carriers only if: