Current through March 31, 2024
(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.50 FR 2290, 1/16/1985, as amended at 51 FR 44297, 12/9/1986; 62 FR 15424, 4/1/1997; 81 FR 68346, 10/4/2016