### Question
What is the definition of obligee?


### Answer
The definition of **obligee** is as follows in *APPENDIX U.S.C. § 1271*:

> the holder of an obligation;

#### Citation:
  - *APPENDIX U.S.C. § 1271*
  - Heading: **CHAPTER 24A-MERCHANT MARINE ACT, 1928 > SUBCHAPTER XI-FEDERAL SHIP MORTGAGE INSURANCE**

