Regulated property definition
Examples of Regulated property in a sentence
Regulated property acquired by any secondhand dealer must be held for a period of 30 full days from the date of acquisition.
If you are transporting Regulated property " for hire " from one State to another, you are required to have both a USDOT number (MCS-150 and MCS-150A) and operating authority (active MC number - OP-1).
Regulated property acquired by any Secondhand Dealer must be held for a period of 14 full days from the date of acquisition.
The following types of property are exempt from the provisions of the foregoing sections concerning recordkeeping requirements for regulated property purchases:(1) Regulated property that is donated to a nonprofit/charitable organization;(2) Regulated property that is sold and/or purchased at a judicially ordered sale or estate sale; or(3) Regulated property that is sold by federal, state or local governments.
Regulated property acquired by any Secondhand Dealer must be held for a period of 30 full days from the date of acquisition.