(a) General. These regulations apply to the extension of credit in the transportation of property under Federal Motor Carrier Safety Administration regulation by for-hire, non-exempt motor carriers and household goods freight forwarders subject to 49 U.S.C. subtitle IV, part B, except as otherwise provided.

(b) Exceptions. These regulations do not apply to—

(1) Transportation for—

(i) The United States or any department, bureau, or agency thereof;

(ii) Any State or political subdivision thereof; or

(iii) The District of Columbia.

(2) Property transportation incidental to passenger operations.