Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 7. STATE SECURITIES BOARD |
CHAPTER 105. RULES OF PRACTICE IN CONTESTED CASES |
SECTION 105.11. Burden of Proof
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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