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§ 1-612. Burden of proof

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 70 P.S. SecuritiesEffective: September 3, 2002

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 70 P.S. Securities (Refs & Annos)
Chapter 1.5. Pennsylvania Securities Act of 1972 (Refs & Annos)
Part VI. Administration
Effective: September 3, 2002
70 P.S. § 1-612
§ 1-612. Burden of proof
Currentness
(a) In a civil action or administrative proceeding under this act, a person claiming status as a federally covered security or adviser or an exemption, exception or exclusion from a definition has the burden of proving the availability of the status, exemption, exception or exclusion.
(b) In a proceeding for a criminal violation of this act, a person claiming status as a federally covered security adviser or an exemption, exception or exclusion from a definition has the burden of going forward with evidence of the claim, exemption, exception or exclusion.

Credits

1972, Dec. 5, P.L. 1280, No. 284, § 612, added 2002, July 4, P.L. 721, No. 108, § 20, effective in 60 days.
70 P.S. § 1-612, PA ST 70 P.S. § 1-612
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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