### Question
How is the "project obligation" defined?


### Answer
The term **project obligation** is defined in *33 U.S.C. § 3901* as follows -

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

#### Citation:
  - *33 U.S.C. § 3901*
  - Heading: **CHAPTER 52-WATER INFRASTRUCTURE FINANCE AND INNOVATION**

