For the purposes of sections 7-560 to 7-578, inclusive, deficit obligation, as defined in § 7-560, with respect to the town and city of New Haven, means such obligation issued on or after July 1, 1993.

Terms Used In Connecticut General Statutes 7-579

  • 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.