Grand Convention at Philadelphia, May to September, 1787, Quill Project 2021 Edition.
Committee charged with encouraging states to accept each others' laws and to create regulations on bankruptcies.
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Report of the Committee on Interstate Comity and Bankruptcy created.
[Report of the Committee on Interstate Comity and Bankruptcy]
That the following additions be made to the report vizt
after the word “States” in the last line on the margin of the 3rd page, add
“To establish uniform laws on the subject of bankruptcies” — and insert the following as the 16th article vizt.
“Full faith and credit ought to be given in each State to the public Acts, Records, and Judicial proceedings of every other State, and the Legislature shall by general laws prescribe the manner in which such acts, records, and proceedings shall be proved, and the effect which judgments obtained in one State shall have in another.”