"Obligations" means any of the following issued by a state educational institution:

1. (1) Bonds.
2. (2) Notes.
3. (3) Other evidences of indebtedness.

4. (4) Other obligations.

   [Pre-2007 Higher Education Recodification Citation: 20-12-9.5-2.]

As added by P.L.2-2007, SEC.273.