Legal Opinion
State, Department of Finance v. Resource Service Co.
Idaho Supreme Court
Decided September 2, 1997No. 22211PublishedCited by 10 opinions
1Opinion of the Court
SCHROEDER, Justice.
Resource Service Co., Inc. (RSC) appeals from an order of the district court granting summary judgment in favor of the Idaho Department of Finance (Department) based upon a determination that RSC was market-, ing a security in violation of various provisions of the Idaho Securities Act (Act). I.C. §§ 30-1401 to 30-1458.
RSC solicited a $40.00 fee from customers to enter their names in a Bureau of Land Management (BLM) lottery for gas and oil leases. A portion of the payment was profit to RSC for preparing and filing customer applications in the lottery, and a portion was…
2Cases cited27 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Riverside Development Co. v. RitchieIdaho Supreme Court · 1982
22 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Edmondson v. Shearer Lumber ProductsIdaho Supreme Court · 2003
- Thomas v. Medical Center Physicians, P.A.Idaho Supreme Court · 2002
- State, Dept. of Health & Welfare v. HouselIdaho Supreme Court · 2004
- Pizzuto v. StateIdaho Supreme Court · 2000
- State v. GertschIdaho Supreme Court · 2002
5 more not listed; retrieve them via the Exa API.