Nebraska Revised Statute 8-1121
Exemption or exception; burden of proof.
In any proceeding under the Securities Act of Nebraska, the burden of proving an exemption or an exception from a definition shall be upon the person claiming it.
- Laws 1965, c. 549, § 21, p. 1797;
- Laws 1998, LB 894, § 5.
Defendant bears the burden of proving a claim of exemption when raising the issue as a defense to a charge of unlawful sale of unregistered securities. State v. Fries, 214 Neb. 874, 337 N.W.2d 398 (1983).