{"data":{"id":"us-ri/r.i.-gen.-laws-7-11-706","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-11-706","heading":"Declaratory orders and rulings.","body":"(a) Any person may petition the director for a declaratory order as to the applicability to specified circumstances of a statute, rule, or order under this chapter. The director may issue a declaratory order in response to a petition for that order unless the director determines that the petition fails to comply with the director’s rules or, if the order was issued, would substantially prejudice the rights of a person who would be a necessary party and does not consent to the determination of the matter by a declaratory order.\n(b) The director, upon application by an interested party, may conduct a hearing and issue a declaratory ruling as to the applicability of this chapter or a rule or order of the director under this chapter to a person, security or transaction, or as to the meaning of a term used in this chapter.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 11 Rhode Island Uniform Securities Act","Part VII Administration"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-11/7-VII/7-11-706.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:21:59Z","sha256":"82e7238ee96371a5dda8f5543ef8e0eefb2960ffebf2d5fd68e5a50fd08f1436","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-11-705","next":"us-ri/r.i.-gen.-laws-7-11-707"},"notice":"GroundRules: Original legal text. Not legal advice."}