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December 18, 2024 Clouds | 44°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 3: Exempted transactions

Section 3. Nothing in this chapter shall apply to transactions or actions otherwise permitted under laws as administered by any regulatory board or officer acting under statutory authority of the commonwealth or of the United States.

For the purpose of this section, the burden of proving exemptions from the provisions of this chapter shall be upon the person claiming the exemptions.