Oklahoma Statutes
§ 71-1-503 — Evidentiary burden.
Oklahoma·Title 71 Securities
A.In a civil action or administrative proceeding under this act, a person claiming an exemption, exception, preemption, or exclusion has the burden to prove the applicability of the exemption, exception, preemption, or exclusion.
B.In a criminal proceeding under this 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
Added by Laws 2003, c. 347, § 31, eff. July 1, 2004.
Nearby Sections
15
§ 71-1-101
Short title.§ 71-1-102
Definitions.§ 71-1-103
References to federal statutes.§ 71-1-104
References to federal agencies.§ 71-1-105
Electronic records and signatures.§ 71-1-201
Exempt securities.§ 71-1-202
Exempt transactions.§ 71-1-203
Additional exemptions and waivers.§ 71-1-301
Securities registration requirement.§ 71-1-303
Securities registration by coordination.§ 71-1-305
Registration filings.