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it is very important for every Transportation trucking company to use a high quality MC Authority lease agreement otherwise The Government Can reject the authority of your business and you can lose a lot of money the purpose of an MC lease is to protect your carrier in a legal manner this way a carrier LEC can maintain possession and control of all trucking equipment until the date that the agreement ends while adhering to contractual terms lets go over some common MC Authority lease agreement sections that you might want to place into your own agreement or contract having these sections in your document can protect your business from potential legal issues down the road the first section of your lease agreement can Define who the parties are example the first party might be an authorized carrier the second party will be the owner of the trucking and transportation equipment the key is to make sure that both parties sign the document once it is complete a second section in your MC Au