Ind. Code § 23-19-5-3

Evidentiary burden

Known as the Indiana Uniform Securities Act

The act spans §§ 23-19-1-0.2 to 23-19-7-9 (80 sections).

As added by P.L.27-2007, SEC.23.

Sec. 3. (a) In a civil action or administrative proceeding under this article, a person claiming an exemption, exception, preemption, or exclusion has the burden to prove the applicability of the claim.

(b) In a criminal proceeding under this article, a person claiming an exemption, exception, preemption, or exclusion has the burden of going forward with evidence of the claim.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.