Code of Federal Regulations Title 49. Transportation 49 CFR § 1201.1-6 1–6 [1201.1–6] Charges to be just and reasonable

All charges to the accounts prescribed in this system of accounts for carrier property, operating revenues, operating and maintenance expenses, and other carrier expenses, shall be just, reasonable and not exceed amounts necessary to the honest and efficient operation and management of carrier business. Payments shall not exceed the fair market value of goods and services acquired in an arm's length transaction. Any payments in excess of such just and reasonable charges shall be included in account 551, Miscellaneous income charges.