Brian
Well-Known Member
A 1983 SCOTUS decision laid out a case, and set the parameters for a judicial test to determine if a state can make a law that interferes with existing contracts. They can, provided:Today, he also said he was going to use the legislature to "nullify" the agreements. Correct me if I'm wrong, but isn't that against the US Constitution's contracts clause?
- It does not substantially interfere with the rights of the contracting party
- The state has a legitimate and significant interest
- The law is reasonably related to furthering this interest
In my humble opinion, this is not really an open and shut case, but I'll let the lawyers on this site weigh in with their take.
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