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Current as of January 01, 2025 | Updated by Findlaw Staff
“Obligation” means evidence of indebtedness for the payment of money or other consideration, whether constituting a general obligation of the issuer or payable only out of certain revenues or certain funds pledged or otherwise dedicated for payment. The term includes, without limitation, a bond, note, debenture, trust certificate, including an equipment certificate, production payment, negotiable bank certificate of deposit, banker's acceptance, credit tenant loan or loan secured by financing net leases.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 682A.149. “Obligation” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-682a-149/
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