In any proceeding under this chapter, the burden of proving an exemption, an exception from a definition, or a preemption of a provision of this chapter is upon the person claiming it.
RCW 21.20.540
Exemptions, exceptions, and preemptions—Burden of proof.
Known as the The Securities Act
The act spans §§ 21–21 (75 sections).
Applied in 1 court decision — leading case 45 Wash. App. 200 - State v. Mahmood (1986)
Most recently applied in 45 Wash. App. 200 - State v. Mahmood (April 1986)
1998 c 15 s 21; 1959 c 282 s 54.
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.