Incurred obligation definition

Incurred obligation means every express obligation to make any contribution or disbursement including every loan, guarantee of a loan or other obligation or payment for any goods, or for any services which have been performed or are to be per- formed in the future, incurred by a candidate, committee, individ- ual or group for political purposes.
Incurred obligation means a legal obligation for goods or services that have been contracted for, referred to as an encumbrance in the state’s financial system, or received or incurred by the state and referred to as a payable in the state’s financial system.
Incurred obligation means every express obligation to make any

More Definitions of Incurred obligation

Incurred obligation means every express obligation to make any contribution or disbursement including every loan, guarantee of a loan or other obligation or payment for any goods, or for any services which have been performed or are to be per-