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Definition of Blue sky law
1. Noun. A state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises.
Definition of Blue sky law
1. Noun. (legal) (American English) : In the United States, a law that regulates the offering and sale of securities to protect the public from fraud, requiring the registration of all securities offerings and sales, as well as of stock brokers and brokerage firms. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Blue Sky Law
Literary usage of Blue sky law
Below you will find example usage of this term as found in modern and/or classical literature:
1. California Jurisprudence: A Complete Statement of the Law and Practice of by William Mark McKinney (1921)
"See BREACH OF THE PEACE. BLASTING. See ADJOINING LAND OWNERS, vol. 1, p. 397;
EXPLOSIONS AND EXPLOSIVES. blue sky law. ..."
2. Surety Bonds: Nature, Functions, Underwriting Requirements by Edward Clark Lunt (1922)
""Blue-Sky Law" Bonds Thirty-seven states have passed laws intended to protect
investors by stopping the sale of stock in "fly-by- night concerns, ..."
3. Transactions of the Commonwealth Club of California by Commonwealth Club of California (1915)
"THE INVESTMENT COMPANIES ACT ("blue sky law") Argument for the Act Prepared by
WF Chandler To the Board of Governors of the Commonwealth Club of California: ..."
4. Cyclopedia of the Law of Private Corporations by William Meade Fletcher (1919)
"The court refused to consider the validity of the "Blue Sky" Law of Montana, at
the instance of a corporation whose plan of doing business showed on its ..."
5. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1917)
"... STATE COMMISSION—"BLUE SKY" LAW. 3. The pursuit of a lawful business was not
made the subject of arbitrary executive discretion, contrary to US Const. ..."
6. Law of Oil and Natural Gas: A Hand Book of the Statutes of Texas and the by Alfred Ernest Wilkinson, Julian Andrew Richardson (1915)
"... THE blue sky law. CORPORATIONS—REGULATING THE SALE OF THE STOCK OF SAME. HB No.
9.] CHAPTER 32. An Act to regulate and supervise the sale and purchase, ..."
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