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Dictionary of Law |
blue sky laws :: legal definitionBlue sky laws - n. laws intended to protect the public from purchasing stock in fraudulent companies that lack substance, such as those selling swamp land, non-existent gold strikes and dry oil wells, or who have no assets besides a post office box. Blue sky laws require that corporations advertising and selling shares to the public must get approval from the state corporations commissioner and/or the Securities and Exchange Commission after providing details on financing and management. The term comes from the intent to prevent the existence of corporations that have nothing behind them but "blue sky." See also: corporation stock and Related Law Terms ↓ Related Law Termsarticles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporationBill of Rights :: n. the first ten amendments to the federal Constit ... ved to the states or to the people. blue laws :: n. state or local laws which prohibit certain acti ... estiges remain at least informally. bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond. capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock cartel :: n. 1) an arrangement among supposedly independent ... Colombia. See also: antitrust laws civil rights :: n. those rights guaranteed by the Bill of Rights, ... ill of Rights civil civil liberties common stock :: n. stock in a corporation in which dividends (payo ... oration preferred stock share stock corporation :: n. an organization formed with state governmental ... ation public corporation securities dividend :: n. a portion of profit, usually based on the numbe ... . See also: corporation shareholder franchise :: 1) n. a right granted by the government to a perso ... on property, income or profits tax. incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock issue :: 1) n. a person's children or other lineal descenda ... the body incorporation share stock limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership mandamus :: (man-dame-us) n. Latin for "we order," a writ (mor ... mandamus. See also: writ of mandate merger :: n. 1) in corporate law, the joining together of tw ... and taking one, and wife the other. non-profit corporation :: n. an organization incorporated under state laws a ... harity corporation cy pres doctrine official misconduct :: n. improper and/or illegal acts by a public offici ... ty. See also: color of law official preemptive right :: n. the right of a shareholder in a corporation to ... also: corporation shareholder stock preferred stock :: n. a class of shares of stock in a corporation whi ... on stock corporation dividend stock promotional stock :: n. stock issued in a newly formed corporation and ... assets or money. See also: promoter prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock public domain :: n. 1) in copyright law, the right of anyone to use ... al governments. See also: copyright publication :: n. 1) anything made public by print (as in a news- ... so: defamation libel notice slander regulations :: n. rules and administrative codes issued by govern ... es usually have similar procedures. securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock self-dealing :: n. in the stock market, using secret "inside" info ... ederal Securities and Exchange Act. shareholder :: n. the owner of one or more shares of stock in a c ... : corporation shareholders' meeting stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock treasury stock :: n. stock of a private corporation which was issued ... be entitled. See also: share stock ultra vires :: (uhl-trah veye-rehz) adj. Latin for "beyond powers ... it is issued. See also: corporation unissued stock :: n. a corporation's shares of stock which are autho ... poration share stock treasury stock watered stock :: n. shares of stock of a corporation which have bee ... . See also: corporation share stock Popular Law Searcheslegal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger." mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor. clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate. Other Law Terms - BBachelor of Laws :: n. the degree in law from a law school, abbreviate ... troactively. See also: Juris Doctorback-to-back life sentences :: n. slang for consecutive life terms imposed by a j ... ther 25 years for a parole hearing. bad debt :: n. an uncollectible debt. The problem is to determ ... ust no income on which to be taxed. bad faith :: 1) n. intentional dishonest act by not fulfilling ... ean hands doctrine fraud good faith bail :: 1) n. the money or bond put up to secure the relea ... bond bail bondsman own recognizance bail bond :: n. a bond provided by an insurance company through ... urned. See also: bail bail bondsman bail bondsman :: n. a professional agent for an insurance company w ... t to jail. See also: bail bail bond bailee :: n. a person, also called a custodian, with whom so ... he goods. See also: bailment bailor bailiff :: n. 1) a court official, usually a deputy sheriff, ... isdictional territory of a bailiff. bailment :: n. 1) the act of placing property in the custody a ... "bailment." See also: bailee bailor bailor :: n. a person who leaves goods in the custody of ano ... is found. See also: bailee bailment bait and switch :: n. a dishonest sales practice in which a business ... rants the costs of a separate suit. balance due :: n. the amount of a debt still owed on an account o ... cipal due without further interest. balance sheet :: n. the statement of the assets and the liabilities ... ctivity and health of the business. bank :: n. 1) an officially chartered institution empowere ... erred to as "in bank" or "en banc." bankruptcy :: n. a federal system of statutes and courts which p ... y proceedings trustee in bankruptcy bankruptcy court :: n. the specialized federal court in which bankrupt ... : bankruptcy bankruptcy proceedings bankruptcy proceedings :: n. the bankruptcy procedure is: a) filing a petiti ... ankruptcy court claim in bankruptcy bar :: 1) n. collectively all attorneys, as "the bar," wh ... a room, building, or real property. bar association :: n. an organization of lawyers. There are two types ... oluntary organization of attorneys. |