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.

Generic synonyms: Law
Category relationships: Jurisprudence, Law

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

blue rubber-bleb nevi
blue rubber bleb nevus syndrome
blue ruin
blue runner
blue sage
blue sclera
blue screen
blue screen of death
blue screens
blue screens of death
blue shark
blue sharks
blue shield
blue skullcap
blue sky
blue sky law (current term)
blue sky laws
blue spots
blue star
blue starter
blue state
blue states
blue stem
blue stone
blue story
blue straggler
blue stragglers
blue succory
blue supergiant

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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