New Mexico Statutes
§ 58-13C-503 — Evidentiary burden
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.
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