HyperDic: blue_sky_law

English > 1 sense of the expression blue sky law:
NOUNcommunicationblue sky lawa state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises / enterprises
English > blue sky law: 1 sense > noun 1, communication
MeaningA state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises / enterprises.
Categorylaw, jurisprudenceThe collection of rules imposed by authority
Broaderlawlegal document setting forth rules governing a particular kind of activity

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