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Ohio Laws and Rules
As used in this chapter.
(A) “Authorized carrier” means any corporation, company, association, joint stock association, person, firm, or co-partnership, their lessees, legal or personal representatives, trustees, receivers, or trustees appointed by any court whatsoever, authorized by the public utilities commission of Ohio, to engage in transportation of property as a “motor transportation company” or “common carrier by motor vehicle” or “contract carrier by motor vehicle” under the provisions of sections 4921.01 to 4921.99 and 4923.01 to 4923.99, inclusive, of the Revised Code of Ohio.
(B) “Equipment” means a motor vehicle, straight truck, tractor, semitrailer, full trailer, or a combination tractor and semitrailer or combination straight truck or full trailer.
Replaces: 4901:2-3-02
Effective: 06/22/2007
R.C. 119.032 review dates: 05/31/2010
Promulgated Under: 111.15
Statutory Authority: 4921.04, 4923.03
Rule Amplifies: 2307.34, 4921.11, 4923.08
Prior Effective Dates: 9/19/63, 3/28/01
No authorized carrier shall enter into a lease agreement for equipment, or shall otherwise use non-owned equipment, unless and until the owners thereof shall have obtained a certificate of liability insurance protecting the public against loss sustained by reason of death of or bodily injury to persons and their loss of or damage to property resulting from the negligence of such owner or his employees. Such policy shall:
(A) Provide coverage in amounts of twenty-five thousand dollars for bodily injury to or death of one person, one hundred thousand dollars for bodily injuries to or death of all persons injured or killed in any one accident, and ten thousand dollars for loss of or damage to property of others (except cargo) in any one accident. Any policy which grants the coverage required hereunder may also grant any lawful coverage in excess of or in addition to such coverage. Such excess of additional coverage shall not be subject to the terms and conditions of this rule.
(B) Not provide any coverage inuring to the benefit, either directly or indirectly, of any authorized carrier while the vehicle so insured as being operated under lease to or otherwise used by such carrier; nor shall any authorized carrier be named as an insured in the policy.
(C) Be issued by an insurance company authorized to transact business in Ohio by the Ohio department of insurance.
Replaces: 4901:2-3-07
Effective: 06/22/2007
R.C. 119.032 review dates: 05/31/2010
Promulgated Under: 111.15
Statutory Authority: 4921.04, 4923.03
Rule Amplifies: 2307.34, 4921.11, 4923.08
Prior Effective Dates: 1/20/63, 6/18/88, 8/12/88 (Emer.), 10/22/88, 3/28/01
Rescinded eff 6-22-07