---
kind: "section"
citation: "24 C.F.R. § 1007.60"
title: "24"
number: "1007.60"
heading: "Liability under guarantee."
url: "https://uscodex.org/cfr/24/1007.60"
---

# §1007.60. Liability under guarantee.


The liability under a guarantee provided under this section shall decrease or increase on a pro rata basis according to any decrease or increase in the amount of the unpaid obligation under the provisions of the loan agreement involved.


## Notes

### Authority

Authority: 12 U.S.C. 1715z-13b; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 67 FR 40776, June 13, 2002, unless otherwise noted.