Compacts

In law, "compacts" are formal agreements or contracts between two or more parties, often governments or organizations. They establish mutual commitments, rights, or responsibilities, much like a contract between individuals. Compacts are legally binding and are used to govern cooperation or shared operations, such as cooperation between states, tribes, or agencies. They help clarify expectations, ensure accountability, and provide a framework for resolving disputes, making them an important tool for structured, collaborative efforts.