69-12-312. Class B motor carrier certificate. (1) (a) A Class B motor carrier may not transport persons for hire on any public highway in this state without obtaining, pursuant to this chapter, a certificate of compliance.

(b) A Class B motor carrier may not transport property or persons and property for hire on any public highway in this state without obtaining, pursuant to this chapter, a certificate of public convenience and necessity.

(2) A Class B motor carrier shall apply for a certificate in writing, separately for each locality under consideration. The application must be verified by the applicant and specify the following:

(a) the name and address of the applicant and its officers, if any;

(b) the kind of transportation, whether passenger, household goods, or both, together with a full and complete description of the character of the vehicle or vehicles to be used, including the seating capacity of any vehicle to be used for passenger traffic and the tonnage capacity of any vehicle to be used in household goods traffic;

(c) the locality and character of operations to be conducted;

(d) a proposed schedule of the tariff or rates to be charged for the transportation of passengers, household goods, or both;

(e) a complete and detailed description of the property proposed to be devoted to the public service;

(f) a detailed statement showing the assets and liabilities of the applicant; and

(g) other information required by the commission.

(3) The application must be accompanied by a filing fee to be set by rule of the commission.