[Code of Federal Regulations]
[Title 23, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 23CFR750.303]

[Page 377-378]
 
                           TITLE 23--HIGHWAYS
 
 CHAPTER I--FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION
 
PART 750--HIGHWAY BEAUTIFICATION--Table of Contents
 
 Subpart D--Outdoor Advertising (Acquisition of Rights of Sign and Sign 
                              Site Owners)
 
Sec. 750.303  Definitions.

    (a) Sign. An outdoor sign, light, display, device, figure, painting, 
drawing, message, placard, poster, billboard or other thing which is 
designed, intended of the advertising or informative contents of which 
is visible from any place on the main-traveled way of the Interstate or 
Primary Systems, whether the same be permanent or portable installation.
    (b) Lease (license, permit, agreement, contract or easement). An 
agreement, oral or in writing, by which possession or use of land or 
interests therein is given by the owner or other person to another 
person for a specified purpose.
    (c) Leasehold value. The leasehold value is the present worth of the 
difference between the contractual rent and the current market rent at 
the time of the appraisal.
    (d) Illegal sign. One which was erected and/or maintained in 
violation of State law.
    (e) Nonconforming sign. One which was lawfully erected, but which 
does not comply with the provisions of State law or State regulations 
passed at a later date or which later fails to comply with State law or 
State regulations due to changed conditions. Illegally erected or 
maintained signs are not nonconforming signs.
    (f) 1966 inventory. The record of the survey of advertising signs 
and junkyards compiled by the State highway department.

[[Page 378]]

    (g) Abandoned sign. One in which no one has an interest, or as 
defined by State law.