Blue sky laws
In accounting, blue sky laws means state securities laws. For a Rule 506 offering federal law preempts state registration, but states may still require a notice filing and a fee where investors live.
Also called State notice filing.
Authority: SEC — Rule 506(b) (opens in a new tab). Sources
The lesson that teaches this
From the free founder back-office course, taught on one company's books, with exercises to work it yourself.
What it is not called
Each of these means something else. Use one here and an accountant reading the product notices.
- Form D (the federal notice)
Nearby in the catalog
No component names this concept outright. These sit in the same part of the system.
2Cards
Family specAlso in Equity & financing
Defined in Lexicon. This page is generated from that document, so the two can't disagree.