### Question
What is the definition of insured obligation?


### Answer
The definition of **insured obligation** is as follows in *12 U.S.C. § 2277a*:

> 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

#### Citation:
  - *12 U.S.C. § 2277a*
  - Heading: **CHAPTER 23-FARM CREDIT SYSTEM > SUBCHAPTER V-FARM CREDIT ADMINISTRATION ORGANIZATION > Part E-Farm Credit System Insurance Corporation**

