Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 1-612 - Burden of proof(a) In a civil action or administrative proceeding under this act, a person claiming status as a federally covered security or adviser or an exemption, exception or exclusion from a definition has the burden of proving the availability of the status, exemption, exception or exclusion.(b) In a proceeding for a criminal violation of this act, a person claiming status as a federally covered security adviser or an exemption, exception or exclusion from a definition has the burden of going forward with evidence of the claim, exemption, exception or exclusion.1972, Dec. 5, P.L. 1280, No. 284, § 612, added 2002, July 4, P.L. 721, No. 108, § 20, effective in 60 days.