N.M. Admin. Code § 15.11.24.10

Current through Register Vol. 35, No. 21, November 5, 2024

Section 15.11.24.10 - REQUIREMENTS FOR RENEWAL

A. In addition to any applicable requirements in 15.11.21 NMAC, the director shall condition renewal of restaurant license upon a requirement that at least sixty percent of the preceding year's gross receipts were derived from the sale of food and submission of documentation to that effect.

B. For annual renewal, a licensee shall submit a signed, notarized affidavit showing the total gross receipts, the gross receipts from the sale of food and the gross receipts from the sale of alcoholic beverages.

C. The director may require additional documentation, including, but not limited to, sales invoices and filings with the New Mexico taxation and revenue department, and may inspect the financial records of the licensee that relate to the operation of the restaurant.

N.M. Admin. Code § 15.11.24.10

Adopted by New Mexico Register, Volume XXVIII, Issue 08, April 25, 2017, eff. 4/25/2017, Amended by New Mexico Register, Volume XXXII, Issue 18, September 28, 2021, eff. 9/28/2021