Section 1540-01-14-.02 - APPLICATIONS(1) Applications for initial SARA admission and applications for renewal of SARA participation shall be processed, reviewed, and acted upon by Commission staff.(2) Once received, Commission staff shall review an application and notify the institution of any required explanations or additional information.(3) Once the application file is complete, Commission staff shall either approve or deny the application based on the required standards as stated in the SARA governing documents.(a) Commission staff must approve an application if all requirements as listed in the SARA governing documents are met.(b) Unless discretion is permitted by the SARA governing documents, Commission staff must deny an application if the institution fails to meet the requirements as listed in the SARA governing documents.(c) When discretion is permitted by the SARA governing documents, Commission staff may designate admission or renewal as provisional if it is determined that provisional designation is needed to protect the public interest or is likely to incent future compliance. The terms of provisional admission or renewal shall be consistent with the terms allowed for in the SARA governing documents. (4) Commission staff shall provide the institution with written notice of the decision, including the justification for the decision and notice of the review process in these rules.Tenn. Comp. R. & Regs. 1540-01-14-.02
New rule filed March 30, 2021; effective 6/28/2021.Authority: T.C.A. §§ 49-7-1504 and 49-7-1507.