A person wishing the commission to issue its ruling as to the applicability to that person of a statutory provision or rule or order of the commission may file with the commission a petition in substantially the following form:

1. (Signatureofpetitioner)

State of South Dakota

State Banking Commission

Petition for Declaratory Ruling

Pursuant to the provisions of SDCL 1-26-15, I, (nameofpetitioner), of (addressofpetitioner), am (titleorcapacityofpetitioner), and do hereby petition the South Dakota State Banking Commission for its declaratory ruling in regard to the following:

1. The state statute or State Banking Commission rule or order in question is: (here identify and quote the pertinent statute, rule or order).

2. The facts and circumstances which give rise to the issue to be answered by the Commission's declaratory ruling are:

3. The precise issue to be answered by the Commission's declaratory ruling is:

Dated at (cityandstate), this ______ day of _________________, 19__.

Source: SL 1975, ch 16, § 1; 8 SDR 31, effective September 30, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 51A-2-13.

Law Implemented: SDCL 1-26-15.