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Legal Dictionary
IMPAIRING THE OBLIGATION OF CONTRACTS
Legal Term:
IMPAIRING THE OBLIGATION OF CONTRACTS
Definition:
rsal law of nations, but it is the law of the state where the contract is made. 12 Wheat. R. 213. Any law which enlarges, abridges, or in any manner changes the intention of the parties, resulting from the stipulations in the contract, necessarily impairs it. 12 Wheat. 256; Id. 327; 3 Wash. C. C. Rep. 319; 8 Wheat. 84; 4 Wheat. 197. 4. The constitution forbids the states to pass any law impairing the obligation of contracts, but there is nothing in that instrument which prohibits Congress from passing such a law. Pet. C. C. R. 322. Vide, generally, Story on the Const. 1368 to 1891 Serg. Const. Law, 356; Rawle on the Const. h. t.; Dane s Ab. Index, h. t.; 10 Am. Jur. 273-297.
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***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary
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