Show PURPOSE OF BLUE LUE r SKY LA LAW OUTLINED U I EQ BOISE Ida May lay 12 AP Regu AP-Regu- Regu Regulations lations covering administration of oC the Idaho blue sky law in view atthe of at 1 the recent decision of 01 Federal Judge Judge- F. F S. S Dietrich were promulgated yesterday by E. E W. W V. V Poster Potter commissioner commissioner commis commis- abner of finance The purpose of the law the com com- mer announces in the foreword foreword foreword fore fore- word to the regulations is t to Insure that an investment company is solvent that its plan of 01 business is fair just and equitable and that it promises In his Judgment a fair re return rew re- turn on the investment Attempt to do business before is issuance issuance is- is of 01 a II permit Is a a. misdemeanor or the regulations provide Names must not be used that will give a false Impression of relation to some well known company Approval val of ot the department must not be used to exploit sales Patents applied for or other intangible assets asset cannot be used in Ia obtaining department ap ap- ap- ap Guaranteed dividends must not exceed 8 per cent annually |