Section 1360.20  Definitions

            "Addendum."  A supplement to an existing lease.

            "Authorized carrier."  A person holding a motor carrier of property 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 which 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.

(Source:  Amended at 11 Ill. Reg. 16447, effective October 1, 1987)