Illinois Administrative Code
Title 92 - TRANSPORTATION
Part 1457 - HOUSEHOLD GOODS CARRIERS
Subpart L - EQUIPMENT LEASES
Section 1457.910 - Definitions

"Addendum". A supplement to an existing lease.

"Authorized carrier". A person holding a household goods carrier license from the Commission.

"Equipment". A motor vehicle, straight truck or tractor.

"Lease". A written document vesting possession, use, control and responsibility in the lessee during the periods the vehicle is operated by or for the lessee.

"Lessee". In a lease, the party acquiring the use of equipment, with or without driver, from another.

"Lessor". In a lease, the party granting the use of equipment, with or without driver, to another.

"Owner". A person:

to whom title to equipment has been issued; or

who, without title, has the right to exclusive use of equipment for a period longer than 30 days; or

who has lawful possession of equipment, registered and licensed in any state in the name of that person.

"Permanent lease". A lease in which the authorized carrier acquires the use of equipment, with or without driver, from an owner for a period of 30 days or more.

"Shipper". A person who sends or receives property that is transported in intrastate commerce.

"Sublease". A written document in which the lessee grants the use of leased equipment, with or without driver.

"Trip lease". A lease in which the authorized carrier acquires the use of equipment, with or without driver, from an owner for a period of time less than 30 days.