{"data":{"id":"us-mo/mo.-rev.-stat.-409.5-503","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 409.5-503","heading":"Evidentiary burden.","body":"(a) In a civil action or administrative proceeding under this act, a person claiming an exemption, exception, preemption, or exclusion has the burden to prove the applicability of the claim.\n(b) In a criminal proceeding under this act, a person claiming an exception or exclusion from definition has the burden of injecting the issue pursuant to section 556.051*, and a person claiming an exemption or qualification as a federal covered security has the burden of proving the claim as an affirmative defense pursuant to section 556.056*.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 409 - Regulation of Securities"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=409.5-503","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"2621f50a46c54b487c93b9f10fdd34c0eeaae8dd9b0691224afc4ca0874d3a6f","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-409.5-502","next":"us-mo/mo.-rev.-stat.-409.5-504"},"notice":"GroundRules: Original legal text. Not legal advice."}
