In any proceeding under this article, the burden of proving an exemption or an exception from a definition is upon the person claiming it.
Ala. Code § 8-6-30
Burden of Proving Exemption or Exception from Definition.
Known as the Alabama Securities Act
The act spans §§ 8-6-1 to 8-6-9 (31 sections).
(Acts 1959, No. 542, p. 1318, §21; Acts 1990, No. 90-527, p. 772, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.