§ 11–604
Statutes in effect as of October 1, 2026.
Md. Code Ann., Corps. & Ass'ns § 11-604 (2026)
Title 11. Maryland Securities Act
Subtitle 6. Exemptions
§ 11–604LinkCopy Citation
(a)
In a civil or administrative proceeding under this title, a person claiming an exemption or an exception from a definition has the burden of proving the exemption or exception.
(b)
In a criminal proceeding under this title, the burden of going forward with evidence of a claim or exemption or exception from a definition is on the person claiming it.