28-1-101. Definitions.
39 words·~1 min read·
/mt/title-28/chapter-1/part-1/28-1-101·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
28-1-101 . Definitions.
(1)An obligation is a legal duty by which a person is bound to do or not to do a certain thing.
(2)Performance of an obligation for the delivery of money only is called payment.