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Gilbert，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关矿产资源领域的法律文件。