(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.