insured obligation

(3) Insured obligation The term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title — (A) on or before January 5, 1989 , on behalf of any System bank; and (B) after such date, which, when issued, is issued on behalf of any insured System bank.

Source

12 USC § 2277a(3)


Scoping language

As used in this part
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