Provisions
VIII.5 of 1847 • Specie payments not to be suspended.
APPROVED
The Text
The legislature shall have no power to pass any law sanctioning in any manner, directly or indirectly, the suspension of specie payments by any person, association, or corporation issuing bank notes of any description.
A Few Facts
• Joined the Constitution in 1847
• In Article VIII:
• Has 34 words
• Was proposed by the Constitutional Convention
• Went to NYS voters as proposed amendment 1 of 1846
• Is a new addition
Credits
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