---
kind: "section"
citation: "24 C.F.R. § 242.63"
title: "24"
number: "242.63"
heading: "Additional indebtedness and leasing."
url: "https://uscodex.org/cfr/24/242.63"
---

# §242.63. Additional indebtedness and leasing.


The mortgagor shall not enter into any long-term debt, short-term debt (including receivables or line of credit financing), equipment leases, or derivative-type transactions, except in conformance with policies and procedures established by HUD.


## Notes

### Authority

Authority: 12 U.S.C. 1709, 1710, 1715b, 1715n(f), and 1715u; 42 U.S.C. 3535(d).

### Source

Source: 72 FR 67546, Nov. 28, 2007, unless otherwise noted.