Illinois Administrative Code
Title 92 - TRANSPORTATION
Part 1360 - EQUIPMENT LEASES
Section 1360.65 - Additional Requirements for Trip Leases Between Authorized Carriers
Universal Citation: 92 IL Admin Code ยง 1360.65
Current through Register Vol. 48, No. 12, March 22, 2024
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.
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