contracts clause

Contracts Clause. The clause of the U.S. Constitution prohibiting states from passing a law that would impair private contractual obligations. • The Supreme Court has generally interpreted this clause so that states can regulate private contractual obligations if the regulation is reasonable and necessary to serve an important public purpose. U.S. Const. art. I, § 10, cl.

1. — Also termed Contract Clause; Obligation of Contracts Clause. [Cases: Constitutional Law 113–185. C.J.S. Constitutional Law §§ 277–389.]

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词条贡献者

法律翻译Vivian，毕业于美国顶尖的翻译学院，专注翻译各类与水利资源有关的法律文件。