blue sky law

A state statute establishing standards for offering and selling securities, the purpose being to protect citizens from investing in fraudulent schemes or unsuitable companies. [Cases: Securities Regulation 248–273. C.J.S. Securities Regulation §§ 3, 374–376, 379–411, 414.]

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词条贡献者

译者Glen，毕业于世界顶级翻译学院，擅长翻译各种与房地产诉讼相关的法律文件。