105 IAC 5-1-43 - Agricultural commodities contracts
Authority: IC 8-1-1-3
Affected: IC 8-3-1-3; IC 8-3-1-8
Sec. 43.
(a) A rail
carrier may enter into contracts for the transportation of agricultural
commodities (including forest products but not including woodpulp, woodchips,
pulpwood or paper) that involve the use of carrier owned or leased equipment
not in excess of 40 percent of the total number of the carrier's owned or
leased equipment, by major car type, except as provided in (b)
[subsection (b)].
(b) In the case of a proposed contract
between a Class I carrier and a shipper originating an average of 1,000 cars or
more per year during the prior three year period by major car type on a
particular carrier, not more than 40 percent of carrier owned or leased
equipment used on the average during the prior three year period may be used
for the contract without prior authorization by the commission.
(c) The commission may grant relief from the
limitations of (a) and (b) [subsections (a) through (b)] if:
(1) a rail carrier or other party requests
such relief; or the commission on its own initiative considers granting such
relief; and
(2) the commission
determines that making additional equipment available does not impair the rail
carrier's ability to meet its common carrier obligations under
49 U.S.C. Sec.
11101.
Notes
Transferred from Department of Transportation ( 100 IAC 6-1-43) to Indiana Department of Transportation (105 IAC 5-1-43) by P.L. 112-1989, SECTION 5, effective July 1, 1989.
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