![]() |
Unannotated Code of Maryland (Last Updated: May 16, 2014) |
![]() |
CORPORATIONS AND ASSOCIATIONS |
![]() |
TITLE 11. MARYLAND SECURITIES ACT |
![]() |
SUBTITLE 6. EXEMPTIONS |
§ 11-604. Burden of proof
Latest version.
-
(a) Civil or administrative proceedings. -- 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.
(b) Criminal proceedings. -- 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.