diff --git a/modules/juce_audio_plugin_client/AAX/juce_AAX_Wrapper.cpp b/modules/juce_audio_plugin_client/AAX/juce_AAX_Wrapper.cpp
index edc383f5ff..30732f16b8 100644
--- a/modules/juce_audio_plugin_client/AAX/juce_AAX_Wrapper.cpp
+++ b/modules/juce_audio_plugin_client/AAX/juce_AAX_Wrapper.cpp
@@ -822,11 +822,15 @@ namespace AAXClasses
             // * The preset is loaded in PT 10 using the AAX version.
             // * The session is then saved, and closed.
             // * The saved session is loaded, but acting as if the preset was never loaded.
+            // IMPORTANT! If the plugin doesn't manage its own bypass parameter, don't try
+            // to overwrite the bypass parameter value.
             auto numParameters = juceParameters.getNumParameters();
 
             for (int i = 0; i < numParameters; ++i)
-                if (auto paramID = getAAXParamIDFromJuceIndex(i))
-                    SetParameterNormalizedValue (paramID, juceParameters.getParamForIndex (i)->getValue());
+                if (auto* juceParam = juceParameters.getParamForIndex (i))
+                    if (juceParam != ownedBypassParameter.get())
+                        if (auto paramID = getAAXParamIDFromJuceIndex (i))
+                            SetParameterNormalizedValue (paramID, juceParam->getValue());
 
             return AAX_SUCCESS;
         }