TITLE 30. TRADE AND COMMERCE

CHAPTER 10. SECURITIES REGULATION

Part 1. General Application

Proof Of Exemption

30-10-106. Proof of exemption. In any proceeding under parts 1 through 3 of this chapter, the burden of proving an exemption or an exception from a definition is upon the person claiming it.

History: En. Sec. 25, Ch. 251, L. 1961; R.C.M. 1947, 15-2025.