FMCSA

TERM FMCSA Definition – “For-Hire Motor Carrier”

For-Hire Motor Carrier Transportation by a motor carrier for compensation, including: Property - Transportation of general freight, hazardous materials or household…

4 years ago

TERM FMCSA Definition – “Trust “

Trust A relationship whereby property (real or personal, tangible or intangible) is transferred by one party (settlor) to be held…

4 years ago

TERM FMCSA Definition – “Limited Liability Partnership (LLP)”

Limited Liability Partnership (LLP) A partnership in which some or all partners (depending on the jurisdiction) have limited liability. In…

4 years ago

TERM FMCSA Definition – “Unit of State or Local Government”

Unit of State or Local Government Any department or agency of the federal government, any state or any agency, office…

4 years ago

TERM FMCSA Definition – “Limited Liability Company”

Limited Liability Company A business structure type that combines corporation limited personal liability with partnership or sole proprietorship single taxation.…

4 years ago

TERM FMCSA Definition – “Corporation”

Corporation An artificial person or legal entity created by or under the authority of the laws of a state or…

4 years ago

TERM FMCSA Definition – “Partnership”

Partnership A voluntary contract between two or more competent persons to place their money, effects, labor, and skill, or some…

4 years ago

TERM FMCSA Definition – “Sole Proprietor”

Sole Proprietor An individual who owns and operates a business normally in his or her legal name and in which…

4 years ago

ELDTAC FMCSA Terms

Entry-Level Driver means a person who must complete the CDL skills test requirements under 49 CFR 383.71 prior to (1)…

4 years ago