49 C.F.R. § 387.1 Purpose and scope.
Title 49 - Transportation
This subpart prescribes the minimum levels of financial responsibility required to be maintained by motor carriers of property operating motor vehicles in interstate, foreign, or intrastate commerce. The purpose of these regulations is to create additional incentives to motor carriers to maintain and operate their vehicles in a safe manner and to assure that motor carriers maintain an appropriate level of financial responsibility for motor vehicles operated on public highways. [46 FR 30982, June 11, 1981, as amended at 48 FR 52683, Nov. 21, 1983]
Title 49: Transportation
PART 387—MINIMUM LEVELS OF FINANCIAL RESPONSIBILITY FOR MOTOR CARRIERS
Subpart A—Motor Carriers of Property
§ 387.1 Purpose and scope.