(a) (Qualifications of Leased Motor Vehicles.) All motor vehicles leased by a carrier shall be qualified by the lessee to operate under that carrier. When motor vehicles owned by one carrier holding operating authority from WYDOT are leased to another person, a copy of the lessee's current letter of authority shall be carried in the power unit. During the lease term, the lessee shall have complete control of the leased motor vehicle and shall be fully responsible for its operation, in accordance with the applicable statutes, laws, and regulations-including the requirements of these rules and regulations concerning equipment safety and inspection and insurance coverage.
(b) (Terms and Conditions of the Lease.) All leases shall be in writing and signed by the parties to it. Leases shall specify the term (the period of time the lease is to be in effect) and the consideration to be paid by the lessee.
(c) (Regulation of Equipment Leasing.) When it appears that a carrier and a shipper or any other combination of persons might use a lease arrangement to evade some aspect of regulation within WYDOT jurisdiction, an investigation shall be instituted and a formal complaint issued if necessary. If the Department determines that the lessor and lessee entered into a motor vehicle equipment lease to avoid regulation by Wyoming statutes or Department rules and regulations, WYDOT may request the Attorney General to institute proceedings in the courts of the state or take whatever action it deems necessary and proper.
045-1 Wyo. Code R. § 1-8
Amended, Eff. 6/8/2016.