The Law Dictionary

BLUE SKY LAW

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A law which prevents the sale of stock of a shady or fraudulent company. … [Read more...]

BLOOD ALCOHOL CONCENTRATION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The amount of alcohol contained in a person's bloodstream which is set, by law, to determine whether someone is legally intoxicated. … [Read more...]

BLUE SKY LAWS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Refers to laws designed to protect the general public from investing in sham or fraudulent companies whose substance is nothing else but blue sky. Blue sky laws require that state or federal officials review and approve all public offerings to sell stock to the general public. … [Read more...]

BOARD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A committee of persons organized under authority of law in order to exercise certain authorities, have oversight or control of certain matters, or discharge certain functions of a magisterial, representative, or fiduciary character. Thus, "board of aldermen," "board of health," "board of directors," "board of works." Also lodging, food, entertainment, furnished to a guest at an … [Read more...]

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