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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter II - Office of Assistant Secretary for Housing - Federal Housing Commissioner, Department of Housing and Urban Development |
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SubChapter B - Mortgage and Loan Insurance Programs Under National Housing Act and Other Authorities |
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Part 242 - Mortgage Insurance for Hospitals |
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Subpart G - Regulatory Agreement, Accounting and Reporting, and Financial Requirements |
§ 242.63 - Additional indebtedness and leasing.
Latest version.
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§ 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.