70 Pa. Stat. § 1-612

Current through P.A. Acts 2023-32
Section 1-612 - Burden of proof
(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.

70 P.S. § 1-612

1972, Dec. 5, P.L. 1280, No. 284, § 612, added 2002, July 4, P.L. 721, No. 108, § 20, effective in 60 days.