California Financial Code 18014 – “Obligation” as used in Sections 18265, 18271, 18272, and 18343 …
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“Obligation” as used in Sections 18265, 18271, 18272, and 18343 includes lease obligations as authorized by Section 18310.
(Added by Stats. 1979, Ch. 911.)
Terms Used In California Financial Code 18014
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC