- blue sky law
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noun
canons regarding securities, precepts on securities, securities law, securities oversight, securities rules, securities statutes
Burton's Legal Thesaurus. William C. Burton. 2006
- blue sky law
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n. The popular name for the statute, found in every state, that regulates within the state the sale of corporate securities to the public. These laws are the states' counterpart to the federal securities acts.=>> securities acts.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- blue sky law
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A popular name for state statutes providing for the regulation and supervision of securities offerings and sales, to protect citizen-investors from investing in fraudulent companies. Most blue sky laws require the registration of new issues of securities with a state agency that reviews selling documents for accuracy and completeness. Blue sky laws also often regulate securities brokers and salespeople.
Dictionary from West's Encyclopedia of American Law. 2005.
- blue sky law
-
A popular name for state statutes providing for the regulation and supervision of securities offerings and sales, to protect citizen-investors from investing in fraudulent companies.Most blue sky laws require the registration of new issues of securities with a state agency that reviews selling documents for accuracy and completeness. Blue sky laws also often regulate securities brokers and salespeople.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.