Bubble Act
≈ 1 min read
Names in other languages
No names in other languages are held for this entry yet.
Article bodies are English and are not machine-translated. A name in another language is not a translation of the article.
The Bubble Act 1720 (6 Geo. 1. c. 18) (also Royal Exchange and London Assurance Corporation Act 1719) was an act of the Parliament of Great Britain passed on 11 June 1720 that incorporated the Royal Exchange Assurance Corporation and the London Assurance Corporation, but more significantly forbade the formation of any other joint-stock companies unless approved by royal charter. Its provisions were extended later by the (14 Geo. 2. c. 37) to include its colonies, particularly Massachusetts.
The Bubble Act 1720 (6 Geo. 1. c. 18) (also Royal Exchange and London Assurance Corporation Act 1719) was an act of the Parliament of Great Britain passed on 11 June 1720 that incorporated the Royal Exchange Assurance Corporation and the London Assurance Corporation, but more significantly forbade the formation of any other joint-stock companies unless approved by royal charter. Its provisions were extended later by the (14 Geo. 2. c. 37) to include its colonies, particularly Massachusetts. ==References== ==Further reading== Paul, H., Di Liberto, N., Coffman, D'M. (2023). The Bubble Act: New Perspectives from Passage to Repeal and Beyond, Palgrave MacMillan, ISBN 9783031318931.
Text derived from https://en.wikipedia.org/w/index.php?oldid=1377003401 under CC BY-SA 4.0; modifications have been made.