I own my own truck and authority. A good friend of mine recently left a company with his truck, can I add him to my authority? How do I do that?
How to add trucks to my MC#
Discussion in 'Ask An Owner Operator' started by Norskedalen, Oct 28, 2021.
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TallJoe, Siinman, Bean Jr. and 1 other person Thank this.
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Before you do anything, you need a contract to have him lease under your authority. This is a legal requirement and you can’t get around it because without one, your insurance company can deny any and all claims made by you.
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§ 376.11 General leasing requirements.
Other than through the interchange of equipment as set forth in § 376.31, and under the exemptions set forth in subpart C of these regulations, the authorized carrier may perform authorized transportation in equipment it does not own only under the following conditions:
(a) Lease. There shall be a written lease granting the use of the equipment and meeting the requirements contained in § 376.12.
(b) Receipts for equipment. Receipts, specifically identifying the equipment to be leased and stating the date and time of day possession is transferred, shall be given as follows:
of course the whole section exceeds the 10,000 word limit....Siinman Thanks this. -
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Do you write up your own contract or is there an outline to pull from.
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Last edited: Jan 5, 2023
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Sure you want to lose a good friend? No quicker way then doing business together.
haycarter, Siinman, wis bang and 1 other person Thank this.
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