New Mexico Statutes

§ 58-13C-503 — Evidentiary burden

New Mexico·Ch. 58 Financial Institutions and Regulations·Art. 5 Fraud and Liabilities
A.In a civil action or administrative proceeding pursuant to the New Mexico Uniform Securities Act, a person claiming an exemption, exception, preemption or exclusion has the burden to prove the applicability of the claim.
B.In a criminal proceeding pursuant to the New Mexico Uniform Securities Act, a person claiming an exemption, exception, preemption or exclusion has the burden of going forward with evidence of the claim.

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Legislative History

Laws 2009, ch. 82, § 503.

Nearby Sections

15
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