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Lease Agreement

Under Federal Law title 49 Part 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 §376.1

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