GroundRules
AS 45.56.540: Evidentiary burden.
Where this section sits in the code
- Title 45. Trade and Commerce.
- Chapter 56. Alaska Securities Act.
- Article 3. Fraud and Liabilities.
(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, an exemption, exception, preemption, or exclusion claimed by the defendant is an affirmative defense. In this subsection, “affirmative defense” has the meaning given in AS 11.81.900.
Collected 2026-09-02T06:19:44Z. Source file · JSON