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Terms Used In New Hampshire Revised Statutes 168-A:3

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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.
The obligation of the estate of the father for liabilities under this chapter is limited to amounts accrued prior to his death and such sums as may be payable for dependence under other laws.