Say Joy...Ive heard this term used before on, 'trip leasing,' to get around having a broker's license....hmmm when I called OOIDA n asked, they seemed to be saying it isnt what thats definition is intended for, but maybe I missunderstood them......cuz they have to be carefull on how they dispense legal advice not being attornies.
These definitions were taken from:
http://www.window.state.tx.us/taxinf...htm#trip_lease
Owner-Operator Contract
An owner-operator contract is an agreement between the owner of an interstate motor vehicle and a motor carrier. Under the terms of the contract, the owner/lessor gives control of the vehicle to the motor carrier/lessee, and the lessor either provides a driver or drives the vehicle for the lessee. The contract must be for more than one trip.
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Trip-Lease
A trip-lease is the lease of a motor vehicle between a person and a motor carrier on a single-trip basis. The motor vehicle is driven by the lessor or an employee of the lessor.
What I am getting at is this would be a clear case of double-brokering....NOT trip leasing, and I think you HAVE to have a brokers MC# to do it, but I am sure Load-it or G-man would know way more on this subject.