11.15.24.07

.07 New Operations.

A. The initial application for proportional registration shall state the revenue data for the preceding year with respect to the rental fleet.

B. If no operations were conducted with the rental fleet during the preceding year, the application shall contain a full statement of the proposed method of operation and an estimate of the revenue of each state.

C. The Administration may adjust the estimate in the application if the estimated numbers are incorrect or unreasonably forecast.