MLchartDataset catalogue

Compensated intercorporate hauling (CIH)

Term · Insurance and risk management · MLC-T-INS-000863

Paid hauling that one member of a corporate family performs for other members, where the parent owns all of the participating subsidiaries. Federal law exempts it from economic regulation, unlike ordinary private carriage, in which a company moves its own goods without charge. The exemption once required a published notice listing the subsidiaries and certifying 100 percent ownership, a filing dropped in 1997.

Table 1. Record
IdentifierMLC-T-INS-000863
FieldInsurance and risk management
SubjectCommercial Auto
AbbreviationCIH
Record as JSON 
{
  "id": "MLC-T-INS-000863",
  "term": "Compensated intercorporate hauling (CIH)",
  "field": "Insurance and risk management",
  "definition": "Paid hauling that one member of a corporate family performs for other members, where the parent owns all of the participating subsidiaries. Federal law exempts it from economic regulation, unlike ordinary private carriage, in which a company moves its own goods without charge. The exemption once required a published notice listing the subsidiaries and certifying 100 percent ownership, a filing dropped in 1997.",
  "abbreviation": "CIH",
  "subject": "Commercial Auto",
  "url": "https://mlchart.com/terminology/insurance/compensated-intercorporate-hauling-cih/"
}

Record 653 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.