§ 1331.1 Form and content of application
§ 1331.2 Required exhibits
§ 1331.3 Procedure
§ 1331.4 New parties to an agreement
§ 1331.5 Additional standards for retaining antitrust immunity by passenger bus industry rate bureaus
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Terms Used In 49 CFR Part 1331 - Applications Under 49 U.S.C. 10706 and 13703

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Statute: A law passed by a legislature.