Sec. 3. As used in this chapter, "obligation" refers to any obligation that is permitted or required by law to be paid from the fund under IC 20-40-9 or another law. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.169.
"Obligation"
Ind. Code § 20-46-7-3, under Chapter 7. Debt Service Levy.
Ind. Code § 20-46-7-3