Blue Sky Laws The laws that aim to protect people from investing in sham companies that consist of nothing but "blue sky.
Blue Sky Law definition:
An American law term that refers to government controls, through statutes, of the sale of securities to the public.
Blue Sky Laws
(n) Blue Sky Laws are the Law which control or otherwise regulate corporate entities from collecting investment from public as capital of such companies without having substance or means to safeguard the public money. Eg.
Blue Sky Laws: The securities laws of individual states, collectively. These laws seek to protect people from investing in sham companies-companies that offer nothing more than "blue sky." ...
blue sky laws State statutes establishing standards for offering and selling securities. The purpose of these laws is to protect citizens from investing in fraudulent companies.
blue sky laws
n. laws intended to protect the public from purchasing stock in f...
board of directors
n. the policy managers of a corporation or organization elected b...
 See also: Law, State, Will, Thing, Public
  
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