R2‑05.1     INSURANCE AND SAFETY REGULATION OF EXEMPT PASSENGER CARRIERS

In the application of the insurance regulations of the Commission under G.S. 62-260(f) and certificates of exemption under G.S. 62-260(g) the Commission deems that the term "motor carriers" as included in said sections should be construed under the definition in G.S. 62-3(17) to be limited to motor common carriers or motor contract carriers of exempt passengers for hire who have been issued certificates of exemption by the Division of Motor Vehicles.

(NCUC Docket No. M-100, Sub 16, 2/5/68; NCUC Docket No. M-100, Sub 109, 5/20/86.)