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TITLE 7 - BANKING AND SECURITIES
PART 7 - STATE SECURITIES BOARD
CHAPTER 105 - RULES OF PRACTICE IN CONTESTED CASES
SUBCHAPTER 105.11.html - null
SECTION/RULE §105.11 - Burden of Proof
Chapter Review Date 06/16/2023

The Staff will assume the burden of proving a prima facie case by a preponderance of the evidence based upon reasonable inferences drawn from the evidence presented, except that the burden of proof of an exemption shall be upon the party claiming the same.

Source Note: The provisions of this §105.11 adopted to be effective April 3, 2012, 37 TexReg 2165.

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