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§ 11-604. Proof of exemption

West's Annotated Code of MarylandCorporations and Associations

West's Annotated Code of Maryland
Corporations and Associations
Title 11. Maryland Securities Act (Refs & Annos)
Subtitle 6. Exemptions
MD Code, Corporations and Associations, § 11-604
§ 11-604. Proof of exemption
Burden of proof in civil proceeding
(a) In a civil or administrative proceeding under this title, a person claiming an exemption or an exception from a definition has the burden of proving the exemption or exception.
Burden of proof in criminal proceeding
(b) In a criminal proceeding under this title, the burden of going forward with evidence of a claim or exemption or exception from a definition is on the person claiming it.

Credits

Added by Acts 1989, c. 533.
MD Code, Corporations and Associations, § 11-604, MD CORP & ASSNS § 11-604
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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