N.M. Admin. Code § 15.4.5.8 - GENERAL DUTIES
A. It is the
responsibility of every licensee to be informed of the content of the act,
rules promulgated under the act, and all amendments to either, and any board
prescribed training, if applicable. Lack of knowledge of the act, rules, or
amendments thereto shall not be an excuse or defense for any
violations.
B. A licensee shall
maintain all records required by the board in accordance with rules and as
required by law.
C. A licensee
shall provide immediate access to all records and premises of the licensee for
inspection at the request of the board or its agents and all law enforcement
agencies.
D. A licensee shall keep
current all payments and obligations to the licensing authority, suppliers and
distributors of gaming equipment, lessors of premises, and tax payments to the
taxation and revenue department.
E.
A licensee shall not extend credit to a player to play in any game of
chance.
F. A licensee shall not
enter into any agreement with providers of equipment or services, including
lessors of premises, which imposes restrictions on the licensee with respect to
the use of net proceeds.
G. A
licensee shall not purchase goods or services for which the cost exceeds fair
market value, which shall be the responsibility of the licensee to demonstrate
to the board or its agents upon request.
H. A licensee shall obtain bingo, raffle and
pull-tab supplies and all associated equipment only from a licensed
distributor, manufacturer or operator.
I. A licensee shall employ methods that
safeguard all bingo, raffle and pull-tab assets.
Notes
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