Does Lessor Need DOT # if not operating?

Split the farm up into separate entities recently and just bought a new truck, trying to get everything correctly documented.

Basically one company owns the trucks and other equipment and leases it all to the operating company. The company that owns the trucks never has or will operate the trucks. The trucks will always be leased to the operating company.

My question is, do I need a USDOT # for both the lessor and the lessee even if the lessor does not operate the truck? I am getting one for the lessee as we speak, but was curious if I needed to get one for the lessor or not since it will never operate in their name.

The trucks title does state that it is leased through the one company to the operating company.

I was also told to keep a copy of the lease agreement in the truck?

Are there any other steps I am missing? We are a private farm carrier so not for hire, no operating authorities, fuel tax etc etc.

Thanks.

 

We are not interstate, never cross the lines. Everything I have learned states we do not have to worry about IFTA. I am sure they would've said something during a Level 1 inspection too, but I dont know.

I have the number for the operating business. I will put that on the truck, as well as a copy of the agreement in the truck.

Anything else I am missing? Or is it just that simple?

Thanks much.