§485-17  Pleading, burden of proof, of exemption.  It shall not be necessary to negate any of the exemptions in this chapter provided in any complaint, information, indictment, or any other writ or proceedings laid or brought under this chapter and the burden of establishing the right to any such exemption shall be upon the party claiming the benefit of the exemption and any person claiming the right to register any securities by notification under section 485-9 shall also have the burden of establishing the right so to register the securities. [L 1957, c 314, pt of §1; Supp, §199-13; HRS §485-17]