Evidentiary burden.

Iowa Code § 502.503, under UNIFORM SECURITIES ACT (BLUE SKY LAW).

Iowa Code § 502.503

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. [C77, 79, 81, §502.503 ] 98 Acts, ch 1106, §18, 19, 24 ; 99 Acts, ch 166, §6 ; 2004 Acts, ch 1161, §41, 68