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


### Answer
The definition of **binding obligation** is as follows in *49 U.S.C. § 5334*:

> a substantive policy statement, rule, or guidance document issued by the Federal Transit Administration that grants rights, imposes obligations, produces significant effects on private interests, or effects a significant change in existing policy

#### Citation:
  - *49 U.S.C. § 5334*
  - Heading: **SUBTITLE III-GENERAL AND INTERMODAL PROGRAMS > CHAPTER 53-PUBLIC TRANSPORTATION**

