365.405 Reporting requirement.§ 365.405 Reporting requirement.
(a) Every transfer of operating authority from one person to another person must be reported by both the transferee and transferor using the URS online application, Form MCSA-1, (available at http://www.fmcsa.dot.gov/urs) in accordance with § 390.201(d)(5) of this subchapter.
(b) The following information must be furnished:
(1) Full name, address and USDOT Numbers of the transferee and transferor.
(2) A copy of the operating authority being transferred.