Sec. 6.6. As used in this chapter, "obligation" means an obligation to repay: (1) the principal and interest on bonds; (2) lease rentals on leases; or (3) any other contractual obligation; payable from tax increment revenues. The term includes a guarantee of repayment from tax increment revenues if other revenues are insufficient to make a payment. As added by P.L.146-2008, SEC.235.
"Obligation"
Ind. Code § 6-1.1-21.2-6.6, under Chapter 21.2. Tax Increment Replacement.
Ind. Code § 6-1.1-21.2-6.6