Blue-sky Law Definition
noun
A law regulating the sale of stocks, bonds, etc., for the protection of the public from fraud.
Webster's New World
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. See securities acts.
Webster's New World Law
Other Word Forms of Blue-sky Law
Noun
Singular:
blue-sky law
Plural:
blue-sky-laws
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