Terms Used In California Codes > Health and Safety Code > Division 6 > Part 1 > Chapter 6 > Article 3 - Reconstruction Bonds

• Authorized officer: means any individual required or permitted, alone or with others, by any provision of law or by the issuing public entity, to execute on behalf of the public entity a certificated registered public obligation or a writing relating to an uncertificated registered public obligation. See California Government Code 5051
• Certificated registered public obligation: means a registered public obligation which is represented by an instrument. See California Government Code 5051
• District: as used in this part , means a district formed pursuant to this part or pursuant to any law which it supersedes. See California Health and Safety Code 6400
• Obligation: means an agreement of a public entity to pay principal and any interest thereon, whether in the form of a contract to repay borrowed money, a lease, an installment purchase agreement, or otherwise, and includes a share, participation, or other interest in any such agreement. See California Government Code 5051
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.