By Bob Pitcher, State Laws Newsletter
An incident the other day prompts this reminder for motor carriers: the federal regulations on leasing require a motor carrier operating a vehicle owned by another entity to either carry a copy of the lease in the cab of the vehicle or in the alternative, carry a statement that contains relevant information concerning the relationship between the two parties. This is the rule even if, as is often the case these days, the lessor and lessee are related entities or subject to common ownership.
The relevant section of the federal regulations is 49 CFR sec. 376.11(c).