92 Ill. Adm. Code 1360.20
Definitions
Section 1360
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.