Evidentiary burden.

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  2. New Mexico Statutes
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  4. New Mexico Uniform Securities
  5. Fraud and Liabilities
  6. Evidentiary burden.

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A. In a civil action or administrative proceeding pursuant to the New Mexico Uniform Securities Act, a person claiming an exemption, exception, preemption or exclusion has the burden to prove the applicability of the claim.

B. In a criminal proceeding pursuant to the New Mexico Uniform Securities Act, a person claiming an exemption, exception, preemption or exclusion has the burden of going forward with evidence of the claim.

History: Laws 2009, ch. 82, § 503.

ANNOTATIONS

Effective dates. — Laws 2009, ch. 82, § 704 made the New Mexico Uniform Securities Act effective January 1, 2010.


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