A Dictionary of American History

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Author: Thomas L. Purvis  | Date: 1995

Ogden v. Saunders

Ogden v. Saunders In 1827 the Supreme Court ruled (4–3) that a state might enact a bankruptcy law granting debtors protection from their creditors for debts assumed after the law took effect, although it added that no state bankruptcy law could offer relief to residents of another state. By distinguishing between contracts already negotiated and the conditions under which contracts might be entered into at future dates, the decision provided a significant exception to the Court’s general insistence that contracts were inviolable and beyond the scope of state laws.

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Chicago: Thomas L. Purvis, "Ogden v. Saunders," A Dictionary of American History in A Dictionary of American History (Cambridge, Mass.: Blackwell Reference, 1995), Original Sources, accessed September 30, 2022, http://www.originalsources.com/Document.aspx?DocID=LIW66PH231WA4WD.

MLA: Purvis, Thomas L. "Ogden v. Saunders." A Dictionary of American History, in A Dictionary of American History, Cambridge, Mass., Blackwell Reference, 1995, Original Sources. 30 Sep. 2022. http://www.originalsources.com/Document.aspx?DocID=LIW66PH231WA4WD.

Harvard: Purvis, TL, 'Ogden v. Saunders' in A Dictionary of American History. cited in 1995, A Dictionary of American History, Blackwell Reference, Cambridge, Mass.. Original Sources, retrieved 30 September 2022, from http://www.originalsources.com/Document.aspx?DocID=LIW66PH231WA4WD.