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Terms Used In Indiana Code 5-13-4-6

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
   Sec. 6. “Credit enhancement obligation” means the obligation of the developers of an economic development project under the documents related to the credit enhancement.

As added by P.L.19-1987, SEC.6. Amended by P.L.189-2018, SEC.30.