blue sky law - definition of blue sky law - synonyms, pronunciation, spelling from Free Dictionary

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Wordnet 3.0

NOUN (1)

1. a state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises;


WordNet (r) 3.0 (2006):

blue sky law
    n 1: a state law regulating the sale of securities in an attempt
         to control the sale of securities in fraudulent enterprises