PURPOSE: This rule prescribes uniform systems of accounts for Class I common motor carriers of passengers.

Editor's Note: The following material is incorporated into this rule by reference: 1) 49 Code of Federal Regulations 1206 (Washington: United States Government Printing Office 1984). In accordance with section 536.031(4), RSMo, the full text of material incorporated by reference will be made available to any interested person at the Office of the Secretary of State and the headquarters of the adopting state agency.

1. (1) Class I carriers of passengers are carriers of passengers having average gross operating revenues of five (5) million dollars or more from passenger motor carrier operations.
2. (2) The uniform system of accounts for Class I common carriers of passengers as published in 49 CFR 1206 is prescribed for all common carriers of passengers operating under the jurisdiction of this division.
3. (3) This system of accounts prescribes specific accounts, identifies categories and classes of assets, liabilities, income and expense items as well as subaccounts for each. 4 CSR 265-12

Affected carriers are responsible for maintaining required records which will provide for the system of accounts and which will facilitate the preparation of annual reports as well as the furnishing of statistical information.

AUTHORITY: section 622.027, RSMo (1994).* Emergency rule filed June 14, 1985, effective July 1, 1985, expired Oct. 28, 1985. Original rule filed Aug. 1, 1985, effective Jan. 1, 1986. Emergency amendment filed Dec. 1, 1994, terminated Dec. 19, 1994. Emergency amendment filed Dec. 20, 1994, effective Jan. 1, 1995, expired April 30, 1995. Emergency amendment filed April 20, 1995, effective May 1, 1995, expired Aug. 28, 1995. Emergency amendment filed Aug. 18, 1995, effective Aug. 29, 1995, expired Feb. 24, 1996. Amended: Filed Aug. 3, 1995, effective Feb. 25, 1996. *Original authority 1985, amended 1993, 1995.