Nebraska § 8-1121 Exemption or exception; burden of proof

Nebraska Statutes

§ 8-1121 — Exemption or exception; burden of proof

Nebraska § 8-1121

Ch. 8Banks and Banking

This text of Nebraska § 8-1121 (Exemption or exception; burden of proof) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 8-1121 (2026).

Text

In any proceeding under the Securities Act of Nebraska, the burden of proving an exemption or an exception from a definition shall be upon the person claiming it.

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Legislative History

Source: Laws 1965, c. 549, § 21, p. 1797; Laws 1998, LB 894, § 5. Annotations: Defendant bears the burden of proving a claim of exemption when raising the issue as a defense to a charge of unlawful sale of unregistered securities. State v. Fries, 214 Neb. 874, 337 N.W.2d 398 (1983).