Practice question
A public-utility franchise holder asserts that non-impairment means its franchise is constitutionally immune from all congressional change. Explain the express reservation in Article XII, Section 11, without turning that reservation into permission for arbitrary private retaliation.
Legal references
- 1987 Constitution, Article XII, Section 11: https://lawphil.net/consti/cons1987.html
- 1987 Constitution, Article III, Section 10: https://lawphil.net/consti/cons1987.html
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