### Question
How does INFRASTRUCTURE FINANCE define obligor?


### Answer
Under *23 U.S.C. § 601*, **obligor** is defined as:

> a party that—


(A) is primarily liable for payment of the principal of or interest on a Federal credit instrument

#### Citation:
  - *23 U.S.C. § 601*
  - Heading: **CHAPTER 6-INFRASTRUCTURE FINANCE**

