US lawFederal (United States)RegulationsTitle 25 CFR — IndiansChapter I — BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIORPart 48 — LEASES OF LAND OR FACILITIES OF BUREAU-OPERATED SCHOOLS AND FUNDRAISING ACTIVITIES AT BUREAU-OPERATED SCHOOLSSubpart B — Leasing of Bureau-operated Facilities48.11925 C.F.R. § 48.119May a lease be assigned, subleased, or mortgaged?Last amended: 2021Year: 2025Length: 16 wordsOfficial source Cite as 25 C.F.R. § 48.119 (2025)A lessee may assign, sublease, or mortgage a lease only with the approval of the Director.Previous25 C.F.R. § 48.118