Declaratory Rulings

(1) On the petition of any interested person, the Commissioner may, after hearing held pursuant to T.C.A. Title 4, Chapter 5, issue a declaratory ruling with respect to the validity of a rule or with respect to the applicability to any person, property or state of facts of any rule or statute enforceable by him or with respect to the meaning and scope of any order of the Commissioner. (2) The petition seeking a declaratory statement shall be filed in writing with the Department. (3) The form of such petitions shall be substantially as follows: Petition for Declaratory Ruling Before the Commissioner of Banking. 1. Name of Petitioner __________________________________________________________________ 2. Address of Petitioner ________________________________________________________________ 3. Department rule, order or statutory provision on which declaratory statement is sought ____________ __________________________________________________________________________________ 4. Statement of the facts of the controversy and description of how this rule, order or statute affects the petitioner __________________________________________________________________________ __________________________________________________________________________________ 5. Description of requested ruling _________________________________________________________ ______________________________________ Signature of Petitioner ______________________________________ Address ______________________________________ Date