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insured obligation

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 2277A — as used in this part (3 versions over time)

The term "insured obligation" means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title—

(A) on or before January 5, 1989, on behalf of any System bank; and

(B) after such date, which, when issued, is issued on behalf of any insured System bank.