Vt. Stat. Ann. tit. 9, § 5503

Evidentiary burden

Known as the Vermont Uniform Securities Act

The act spans §§ 9–9 (55 sections).

Added 2005, No. 11, § 1, eff

(a) In a civil action or administrative proceeding under this chapter, 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 chapter, a person claiming an exemption, exception, preemption, or exclusion has the burden of going forward with evidence of the claim.

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