N.M. Admin. Code § 15.8.4.8

Current through Register Vol. 35, No. 23, December 10, 2024

Section 15.8.4.8 - OPERATION AND PROFITING BY AUTHORIZED PERSONS

A.No person other than the approved operator or employees of the approved operator shall sell tobacco products at a licensed location.

B.Only the approved operator shall directly profit from the sale of tobacco products sold pursuant to a license. A person directly profits from the sale of tobacco products in violation of this rule when any person other than the approved operator receives any portion of the profits earned, or receipts, form the sale of tobacco products, except:

(1)payment of rent based in whole or in part on the licensee's gross sales;

(2) payment of employees;

(3)revenues received by an affiliate of the licensee from the sale of products other than tobacco products;

C.It is a violation of the act for any licensee to divide, split, or in any way share the right to sell tobacco products with any person not named as a licensee on the license.

N.M. Admin. Code § 15.8.4.8

Adopted by New Mexico Register, Volume XXXI, Issue 24, December 29, 2020, eff. 1/1/2021