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Historical textIn force on March 21, 2017Source: eCFR

§ 387.33T T Financial responsibility, minimum levels.

Wording effective January 18, 2017, superseded May 17, 2018.

eCFR as of March 21, 2017 ↗

The minimum levels of financial responsibility referred to in § 387.31 are hereby prescribed as follows:

Schedule of Limits

Public Liability

For-hire motor carriers of passengers operating in interstate or foreign commerce.

Vehicle seating capacity Effective dates
Nov. 19, 1983 Nov. 19, 1985
(1) Any vehicle with a seating capacity of 16 passengers or more$2,500,000$5,000,000
(2) Any vehicle with a seating capacity of 15 passengers or less 1750,0001,500,000

1 Except as provided in § 387.27(b).

[82 FR 5307, Jan. 17, 2017]

Amendment history

3 distinct wordings on file since Jan. 18, 2017
  1. [83 FR 22877, May 17, 2018]
  2. [82 FR 5307, Jan. 17, 2017]
  3. Jan. 18, 2017 → May 17, 2018eCFR, day-preciseviewing
    [82 FR 5307, Jan. 17, 2017]

A new entry appears whenever the regulatory words change between government snapshots. Day-precise from the eCFR (2017 onward); before that, one snapshot per annual CFR edition (revised as of October 1). Bracketed citations are the Federal Register history printed with the section.