N.M. Admin. Code § 15.4.8.8

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

Section 15.4.8.8 - RAFFLE CONTROLS

A. A licensee shall maintain a valid copy of a raffle ticket for each raffle conducted.

B. All proceeds including donations and gifts shall be reported as gross receipts under the act.

C. Each raffle ticket and all promotional material concerning the raffle, shall conspicuously state whether or not the ticket holder is required to be present at the raffle drawing in order to win prizes.

D. Raffle tickets shall not be discounted and must be sold for the same price.

N.M. Admin. Code § 15.4.8.8

15.4.8.8 NMAC - Rp, 15.4.8.8 NMAC, 4/15/2013, Adopted by New Mexico Register, Volume XXXII, Issue 04, February 23, 2021, eff. 2/23/2021