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Wis. Stat. § 551.503

Evidentiary burden

Known as the Wisconsin Uniform Securities Law

The act spans §§ 551–551 (54 sections).

2007 a. 196.

(1) CIVIL. 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.

(2) CRIMINAL. 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: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.