49 CFR §625.41
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A capital asset is in a state of good repair if it meets the following objective standards—
- (a)The capital asset is able to perform its designed function;
- (b)The use of the asset in its current condition does not pose an identified unacceptable safety risk; and
- (c)The life-cycle investment needs of the asset have been met or recovered, including all scheduled maintenance, rehabilitation, and replacements.