(a) A complaint, information or indictment, or a writ or proceeding brought under this title is not required to negate an exemption under this title.
(b) A party claiming an exemption under this title has the burden of proof on the exemption.
BURDEN OF PROOF ON EXEMPTION
Known as the The Securities Act
The act spans §§ 4001.001 to 4008.105 (251 sections).
Added by Acts 2019, 86th Leg., R.S., Ch. 491 (H.B. 4171), Sec. 1.01, eff
(a) A complaint, information or indictment, or a writ or proceeding brought under this title is not required to negate an exemption under this title.
(b) A party claiming an exemption under this title has the burden of proof on the exemption.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.