### Question
How does the law define remaining obligations?


### Answer
Under *20 U.S.C. § 1087*, **remaining obligations** is defined as:

> the debt obligations of the Association outstanding as of the dissolution date

#### Citation:
  - *20 U.S.C. § 1087*
  - Heading: **CHAPTER 27-NATIONAL VOCATIONAL STUDENT LOAN INSURANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part B-Federal Family Education Loan Program**

