Revised Code of Washington
Wash. Rev. Code § 21.20.540 (2026)
✓ current as of May 2026
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In any proceeding under this chapter, the burden of proving an exemption, an exception from a definition, or a preemption of a provision of this chapter is upon the person claiming it.
Notes of Decisions
Cited in 3
cases (2 in the last 5 years), 1986–2025 · leading case: State v. Mahmood, 724 P.2d 1021 (Wash. Ct. App. 1986).
State v. Mahmood, 724 P.2d 1021 (Wash. Ct. App. 1986). “Another section of the chapter, RCW 21.20.540, states as follows: Exemptions and exceptions, burden of proof.”
Michael Mariani, V. State Of Wa, Dept. Of Fin. Institutions (Wash. Ct. App. 2025). “RCW 21.20.540. 1. Isolated Transaction Prestige claims that the DST is an isolated transaction and is therefore exempt from securities registration.”
Kimberly Robin Clement Freeman v. Seneca Ventures, Llc (Wash. Ct. App. 2021). “2d 1021 (1986); see RCW 21.20.540 (“In any proceeding under this chapter, the burden of proving an exemption .”
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