reglab/housing_qa huggingface dataset:
NM Stat § 60-2E-23 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-23 - Finding of suitability required for directors, officers and key executives; removal from position if found unsuitable; suspension of suitability by board.

A. Each officer, director and key executive of a holding company, intermediary company or publicly traded corporation who the board determines is or is to become actively and directly engaged in the administration or supervision of, or in any other significant involvement with, the activities of the subsidiary licensee or applicant shall apply for a finding of suitability. B. If any officer, director or key executive of a holding company, intermediary company or publicly traded corporation required to be found suitable pursuant to Subsection A of this section fails to apply for a finding of suitability within thirty days after being requested to do so by the board, or is not found suitable by the board, or if his finding of suitability is revoked after appropriate findings by the board, the holding company, intermediary company or publicly traded corporation shall immediately remove that officer, director or key executive from any office or position in which the person is engaged in the administration or supervision of, or any other involvement with, the activities of the certified subsidiary until the person is thereafter found to be suitable. If the board suspends the finding of suitability of any officer, director or key executive, the holding company, intermediary company or publicly traded corporation shall immediately and for the duration of the suspension suspend that officer, director or key executive from performance of any duties in which he is actively and directly engaged in the administration or supervision of, or any other involvement with, the activities of the subsidiary licensee. History: Laws 1997, ch. 190, § 25; 1999, ch. 251, § 4; 2002, ch. 102, § 11. ANNOTATIONSThe 2002 amendment, effective March 5, 2002, substituted "who" for "that" in Subsection A. The 1999 amendment, effective June 18, 1999, purported to amend this section but made no change.
NM Stat § 60-2E-24 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-24 - Suitability of individuals acquiring beneficial ownership of voting security in publicly traded corporation; report of acquisition; application; prohibition.

A. Each person who, individually or in association with others, acquires, directly or indirectly, beneficial ownership of five percent or more of any voting securities in a publicly traded corporation registered with the board may be required to be found suitable if the board has reason to believe that the acquisition of the ownership would otherwise be inconsistent with the declared policy of this state. B. Each person who, individually or in association with others, acquires, directly or indirectly, beneficial ownership of five percent or more of any class of voting securities of a publicly traded corporation certified by the board shall notify the board within ten days after acquiring such interest. C. Each person who, individually or in association with others, acquires, directly or indirectly, the beneficial ownership of more than ten percent of any class of voting securities of a publicly traded corporation certified by the board shall apply to the board for a finding of suitability within thirty days after acquiring such interest. D. Institutional investors that have been exempted from or have received a waiver of suitability requirements pursuant to regulations adopted by the board are not required to comply with this section. E. Any person required by the board or by the provisions of this section to be found suitable shall apply for a finding of suitability within thirty days after the board requests that he do so. F. Any person required by the board or the provisions of this section to be found suitable who subsequently is found unsuitable by the board shall not hold directly or indirectly the beneficial ownership of any security of a publicly traded corporation that is registered with the board beyond that period of time prescribed by the board. G. The board may, but is not required to, deem a person qualified to hold a license or be found suitable as required by this section if the person currently holds a valid license issued by, or has been found suitable by, gaming regulatory authorities in another jurisdiction, provided that the board finds that the other jurisdiction has conducted a thorough investigation of the applicant and has criteria substantially similar to those of the board to determine when a person is to be found suitable or to obtain a license. History: Laws 1997, ch. 190, § 26.
NM Stat § 60-2E-25 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-25 - Report of proposed issuance or transfer of ownership; report of change in corporate officers and directors; approval of board.

A. Before a company licensee, other than a publicly traded corporation, may issue or transfer five percent or more of its ownership to a person, it shall file a report of its proposed action with the board, which report shall request the approval of the board. The board shall have ninety days within which to approve or deny the request. If the board fails to act in ninety days, the request is deemed approved. If the board denies the request, the company shall not issue or transfer five percent or more of its securities to the person about whom the request was made. B. A company licensee shall file a report of each change of the corporate officers and directors with the board within thirty days of the change. The board shall have ninety days from the date the report is filed within which to approve or disapprove such change. During the ninety-day period and thereafter, if the board does not disapprove the change, an officer or director is entitled to exercise all powers of the office to which the officer or director was elected or appointed. C. A company licensee shall report to the board in writing a change in company personnel who have been designated as key executives. The report shall be made no later than thirty days after the change. D. The board may require that a company licensee furnish the board with a copy of its federal income tax return within thirty days after the return is filed. History: Laws 1997, ch. 190, § 27; 2009, ch. 199, § 10. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, in Subsection A, after "five percent or more of its", deleted "securities" and added "ownership".
NM Stat § 60-2E-28 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-28 - Gaming operator licensees; special conditions for nonprofit organizations; number of gaming machines; days and hours of operations.

A. A nonprofit organization may be issued a gaming operator's license to operate licensed gaming machines on its premises to be played only by active and auxiliary members. B. No more than fifteen gaming machines may be offered for play on the premises of a nonprofit organization gaming operator licensee. C. No gaming machine on the premises of a nonprofit organization gaming operator licensee may award a prize that exceeds four thousand dollars ($4,000). D. Gaming machines may be played on the premises of a nonprofit organization gaming operator licensee from 12:00 noon until 12:00 midnight every day. History: Laws 1997, ch. 190, § 30; 2002, ch. 107, § 1. ANNOTATIONSThe 2002 amendment, effective May 15, 2002, deleted former Subsection E, which prohibited the sale or consumption of alcoholic beverages in areas where gaming machines are located.
NM Stat § 60-2E-29 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-29 - Licensing of manufacturers of gaming devices; exception; disposition of gaming devices.

A. It is unlawful for a person to operate, carry on, conduct or maintain any form of manufacturing of a gaming device or associated equipment for use or play in New Mexico or any form of manufacturing of a gaming device or associated equipment in New Mexico for use or play outside of New Mexico without first obtaining and maintaining a manufacturer's license. B. If the board revokes a manufacturer's license: (1) no new gaming device manufactured by the manufacturer may be approved for use in this state; (2) any previously approved gaming device manufactured by the manufacturer is subject to revocation of approval if the reasons for the revocation of the license also apply to that gaming device; (3) no new gaming device or associated equipment made by the manufacturer may be distributed, sold, transferred or offered for use or play in New Mexico; and (4) any association or agreement between the manufacturer and a distributor licensee or gaming operator licensee in New Mexico shall be terminated. C. An agreement between a manufacturer licensee and a distributor licensee or a gaming operator licensee in New Mexico shall be deemed to include a provision for its termination without liability for the termination on the part of either party upon a finding by the board that either party is unsuitable. Failure to include that condition in the agreement is not a defense in an action brought pursuant to this section to terminate the agreement. D. A gaming device shall not be used and offered for play by a gaming operator licensee unless it is identical in all material aspects to a model that has been specifically tested and approved by: (1) the board; (2) a laboratory selected by the board; or (3) gaming officials in Nevada or New Jersey for current use. E. The board may inspect every gaming device that is manufactured: (1) for use in New Mexico; or (2) in New Mexico for use outside of New Mexico. F. The board may inspect every gaming device that is offered for play within New Mexico by a gaming operator licensee. G. The board may inspect all associated equipment that is manufactured and sold for use in New Mexico or manufactured in New Mexico for use outside of New Mexico. H. In addition to all other fees and charges imposed pursuant to the Gaming Control Act, the board may determine, charge and collect from each manufacturer an inspection fee, which shall not exceed the actual cost of inspection and investigation. I. The board may prohibit the use of a gaming device by a gaming operator licensee if it finds that the gaming device does not meet the requirements of this section. History: Laws 1997, ch. 190, § 31; 2009, ch. 199, § 13. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, made grammatical changes.
NM Stat § 60-2E-30 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-30 - Licensing of distributors of gaming devices.

A. It is unlawful for any person to operate, carry on, conduct or maintain any form of distribution of any gaming device for use or play in New Mexico or any form of distribution of any gaming device in New Mexico for use or play outside of New Mexico without first obtaining and maintaining a distributor's or manufacturer's license. B. If the board revokes a distributor's license: (1) no new gaming device distributed by the person may be approved; (2) any previously approved gaming device distributed by the distributor is subject to revocation of approval if the reasons for the revocation of the license also apply to that gaming device; (3) no new gaming device or associated equipment distributed by the distributor may be distributed, sold, transferred or offered for use or play in New Mexico; and (4) any association or agreement between the distributor and a gaming operator licensee shall be terminated. An agreement between a distributor licensee and a gaming operator licensee shall be deemed to include a provision for its termination without liability on the part of either party upon a finding by the board that the other party is unsuitable. Failure to include that condition in the agreement is not a defense in any action brought pursuant to this section to terminate the agreement. C. The board may inspect every gaming device that is distributed for use in New Mexico. D. In addition to all other fees and charges imposed by the Gaming Control Act, the board may determine, charge and collect from each distributor an inspection fee, which shall not exceed the actual cost of inspection and investigation. History: Laws 1997, ch. 190, § 32; 2002, ch. 102, § 12. ANNOTATIONSThe 2002 amendment, effective March 5, 2002, inserted "or any form of distribution of any gaming device in New Mexico for use or play outside of New Mexico" in Subsection A.
NM Stat § 60-2E-31 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-31 - Suitability of certain persons furnishing services or property or doing business with gaming operators; termination of association.

A. The board may determine the suitability of any person who furnishes services or property to a gaming operator licensee under any arrangement pursuant to which the person receives compensation based on earnings, profits or receipts from gaming. The board may require the person to comply with the requirements of the Gaming Control Act and with the regulations of the board. If the board determines that the person is unsuitable, it may require the arrangement to be terminated. B. The board may require a person to apply for a finding of suitability to be associated with a gaming operator licensee if the person: (1) does business on the premises of a gaming establishment; or (2) provides any goods or services to a gaming operator licensee for compensation that the board finds to be grossly disproportionate to the value of the goods or services. C. If the board determines that a person is unsuitable to be associated with a gaming operator licensee, the association shall be terminated. Any agreement that entitles a business other than gaming to be conducted on the premises of a gaming establishment, or entitles a person other than a licensee to conduct business with the gaming operator licensee, is subject to termination upon a finding of unsuitability of the person seeking association with a gaming operator licensee. Every agreement shall be deemed to include a provision for its termination without liability on the part of the gaming operator licensee upon a finding by the board of the unsuitability of the person seeking or having an association with the gaming operator licensee. Failure to include that condition in the agreement is not a defense in any action brought pursuant to this section to terminate the agreement. If the application is not presented to the board within thirty days following demand or the unsuitable association is not terminated, the board may pursue any remedy or combination of remedies provided in the Gaming Control Act. History: Laws 1997, ch. 190, § 33.
NM Stat § 60-2E-33 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-33 - Emergency orders of board.

The board may issue an emergency order for suspension, limitation or conditioning of a license, registration, finding of suitability or work permit or may issue an emergency order requiring a gaming operator licensee to exclude an individual licensee from the premises of the gaming operator licensee's gaming establishment or not to pay an individual licensee any remuneration for services or any profits, income or accruals on his investment in the licensed gaming establishment in the following manner: A. an emergency order may be issued only when the board believes that: (1) a licensee has willfully failed to report, pay or truthfully account for and pay over any fee imposed by the provisions of the Gaming Control Act or willfully attempted in any manner to evade or defeat any fee or payment thereof; (2) a licensee or gaming employee has cheated at a game; or (3) the emergency order is necessary for the immediate preservation of the public peace, health, safety, morals, good order or general welfare; B. the emergency order shall set forth the grounds upon which it is issued, including a statement of facts constituting the alleged emergency necessitating such action; C. the emergency order is effective immediately upon issuance and service upon the licensee or resident agent of the licensee or gaming employee or, in cases involving registration or findings of suitability, upon issuance and service upon the person or entity involved or resident agent of the entity involved; the emergency order may suspend, limit, condition or take other action in relation to the license of one or more persons in an operation without affecting other individual licensees or the gaming operator licensee. The emergency order remains effective until further order of the board or final disposition of the case; and D. within five days after issuance of an emergency order, the board shall cause a complaint to be filed and served upon the person or entity involved; thereafter, the person or entity against whom the emergency order has been issued and served is entitled to a hearing before the board and to judicial review of the decision and order of the board in accordance with the provisions of the board's regulations. History: Laws 1997, ch. 190, § 35.
NM Stat § 60-2E-34 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-34 - Exclusion or ejection of certain persons from gaming establishments; persons included.

A. The board shall by regulation provide for the establishment of a list of persons who are to be excluded or ejected from a gaming establishment. The list may include any person whose presence in the gaming establishment is determined by the board to pose a threat to the public interest or licensed gaming activities. B. In making the determination in Subsection A of this section, the board may consider a: (1) prior conviction for a crime that is a felony under state or federal law, a crime involving moral turpitude or a violation of the gaming laws of any jurisdiction; (2) violation or conspiracy to violate the provisions of the Gaming Control Act relating to: (a) the failure to disclose an interest in a gaming activity for which the person must obtain a license; or (b) willful evasion of fees or taxes; (3) notorious or unsavory reputation that would adversely affect public confidence and trust that the gaming industry is free from criminal or corruptive influences; or (4) written order of any other governmental agency in this state or any other state that authorizes the exclusion or ejection of the person from an establishment at which gaming is conducted. C. A gaming operator licensee has the right, without a list established by the board, to exclude or eject a person from its gaming establishment who poses a threat to the public interest or for any business reason. D. Race, color, creed, national origin or ancestry, age, disability or sex shall not be grounds for placing the name of a person on the list or for exclusion or ejection under Subsection A or C of this section. History: Laws 1997, ch. 190, § 36.
NM Stat § 60-2E-34.1 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-34.1 - Self-exclusion from gaming establishments; procedure; fines; confidentiality.

A. The board shall develop rules that permit a person who is a compulsive gambler to be voluntarily excluded from a gaming establishment. B. Self-exclusion shall occur through written application made by the compulsive gambler to the board and shall be governed by the following provisions: (1) self-exclusion shall be enforceable upon issuance of a self-exclusion order by the board to each applicable gaming establishment identified in the order; (2) only the person who is the compulsive gambler may apply on that person's behalf; (3) the application shall be submitted to the board; (4) except for notification of the gaming establishments for which the self-exclusion order is effective and for notification for mailing list exclusion pursuant to this section, the application and the self-exclusion order shall be held confidential by employees of the board and a gaming operator licensee and its employees and key executives; (5) a self-exclusion order may apply to one or more gaming establishments licensed pursuant to the Gaming Control Act; (6) a self-excluded person, if present at a gaming establishment from which the person is excluded, shall forfeit the following to that gaming establishment, provided that all money or other property forfeited shall be used by the gaming establishment only to supplement the one-fourth percent of the net take of its gaming machines to fund or support programs for the treatment and assistance of compulsive gamblers pursuant to Subsection E of Section 60-2E-47 NMSA 1978: (a) all winnings of the person obtained while present at the gaming establishment; and (b) all credits, tokens or vouchers received by the person while present at the gaming establishment; (7) a gaming establishment is immune from liability arising out of its efforts to exclude a person identified in a self-exclusion order; and (8) a specific term shall be set for each self-exclusion order. C. Notice shall be submitted by the board at least monthly to all gaming establishments listing all persons who are currently self-excluded and ordering the removal of their names from direct mail or electronic advertisement or promotional lists. D. The state gaming representative may negotiate an agreement with each tribal casino in the state to allow the state to include tribal casinos in the self-exclusion orders. History: 1978 Comp., § 60-2E-34.1 as enacted by Laws 2009, ch. 199, § 14. ANNOTATIONSEffective dates. — Laws 2009, ch. 199 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 19, 2009, 90 days after the adjournment of the legislature.
NM Stat § 60-2E-36 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-36 - Gaming employees; issuance of work permits; revocation of work permits.

A. A person shall not be employed as a gaming employee unless the person holds a valid work permit issued by the board. B. A work permit shall be issued and may be revoked by the board as provided in regulations adopted by the board. C. Any person whose work permit has been denied or revoked may seek judicial review. History: Laws 1997, ch. 190, § 38.
NM Stat § 60-2E-37 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-37 - Age requirement for patrons and gaming employees.

A person under the age of twenty-one years shall not: A. play, be allowed to play, place wagers on or collect winnings from, whether personally or through an agent, any game authorized or offered to play pursuant to the Gaming Control Act; or B. be employed as a gaming employee. History: Laws 1997, ch. 190, § 39.
NM Stat § 60-2E-38 (2021)
2021 New Mexico Statutes|Chapter 60 - Business Licenses|Article 2E - Gaming Control|Section 60-2E-38 - Calculation of net take; certain expenses not deductible.

In calculating net take from gaming machines, the actual cost to the licensee of any personal property distributed to a patron as the result of a legitimate wager may be deducted as a loss, except for travel expenses, food, refreshments, lodging or services. For the purposes of this section, "as the result of a legitimate wager" means that the patron must make a wager prior to receiving the personal property, regardless of whether the receipt of the personal property is dependent on the outcome of the wager. History: Laws 1997, ch. 190, § 40.