West Headnote of the Day – September 29, 2010

September 29, 2010

West's Key 349B Securities Regulation
West's Key 349BII State Regulation
West's Key 349BII(A) In General
West's Key 349Bk243 Statutory Provisions
West's Key 349Bk245 k. Purpose.

349B Securities RegulationPurpose of Blue Sky Law was to suppress growing evil of flooding investment market with stocks of little or no value and inducement of public to purchase such stock.
Virginia Brewing Co. v. Webber, 187 S.E. 447 (Va. 1936)