### Question
How does the law define project obligation?


### Answer
Under *42 U.S.C. § 16371*, **project obligation** is defined as:

> any note, bond, debenture, or other debt obligation issued by an obligor in connection with the financing of a project, other than a Federal credit instrument

#### Citation:
  - *42 U.S.C. § 16371*
  - Heading: **CHAPTER 149-NATIONAL ENERGY POLICY AND PROGRAMS > SUBCHAPTER IX-RESEARCH AND DEVELOPMENT > Part J-Carbon Dioxide Transportation Infrastructure Finance and Innovation**

