69-12-612. Interchange of equipment. (1) Common carriers authorized by the commission may enter into interchange agreements with other authorized common carriers providing for the interchange of equipment. Such agreements must be joint applications made to the commission by the carriers affected. To be approved by the commission, the interchange must take place at a fixed terminal where the carriers' routes intersect. Manifests, waybills, or agreements and all shipping data must be in the possession of the operator of the interchanged equipment. When an interchange has been authorized, such equipment shall be operated only by the certificate holder over whose route such equipment is being operated.
     (2) Interchange agreements between Class C contract carriers is prohibited.

     History: En. 8-103.2 by Sec. 1, Ch. 106, L. 1969; R.C.M. 1947, 8-103.2.