A. The board, with the recommendation and assistance of the chief executive officer, shall employ an internal auditor. The internal auditor, who shall be an employee of the authority, shall be qualified by training and experience as an auditor and management analyst and have at least five years of auditing experience. The internal auditor shall […]
A. It is unlawful to knowingly: (1) influence the winning of a prize through the use of coercion, fraud, deception or tampering with lottery equipment or materials; (2) make a material false statement in any application for selection as a lottery retailer or any lottery vendor proposal or other proposal to conduct lottery activities or […]
The purposes of the New Mexico Lottery Act are to: A. establish and provide for the conduct of a fair and honest lottery for the entertainment of the public; and B. provide the maximum amount of revenues, without imposing additional taxes or using other state revenues, for the purpose of providing tuition assistance to resident […]
A. It is unlawful for the chief executive officer, a board member or any employee of the authority or any person residing in the household of the officer, board member or employee to: (1) have, directly or indirectly, an interest in a business, knowing that such business contracts with the lottery for a major procurement, […]
A. It is unlawful to falsely make, alter, forge, pass, present or counterfeit, with intent to defraud, a lottery ticket, or receipt for the purchase thereof, issued or purported to have been issued by the lottery under the New Mexico Lottery Act. B. It is unlawful to steal, knowingly possess or attempt to redeem stolen […]
A. It is unlawful for: (1) any person to sell a lottery ticket at a price other than that fixed by the authority pursuant to the New Mexico Lottery Act; (2) any person other than the authority or a lottery retailer to sell or resell any lottery ticket; and (3) any person to sell a […]
A. It is unlawful for the following persons to purchase a lottery ticket or to share knowingly in the lottery winnings of another person: (1) the chief executive officer, a board member or an employee of the authority; or (2) an owner, officer or employee of a lottery vendor or, in the case of a […]
The criminal provisions of the New Mexico Lottery Act are not intended to and do not replace or preempt prosecution for Criminal Code [30-1-1 NMSA 1978] violations based on identical or similar conduct. History: Laws 1995, ch. 155, § 34. ANNOTATIONS Cross references. — For criminal offenses related to gambling, see Chapter 30, Article 19 […]
As used in the New Mexico Lottery Act: A. “authority” means the New Mexico lottery authority; B. “board” means the board of directors of the authority; C. “chief executive officer” means the chief executive officer of the authority appointed by the board pursuant to the New Mexico Lottery Act; D. “lottery” means the New Mexico […]
A. There is created a public body, politic and corporate, separate and apart from the state, constituting a governmental instrumentality to be known as the “New Mexico lottery authority”. The authority is created and organized for the purpose of establishing and conducting the New Mexico state lottery to provide revenues for the public purposes designated […]
A. The authority shall have all powers necessary or convenient to carry out and effectuate the purposes and provisions of the New Mexico Lottery Act that are not in conflict with the constitution of New Mexico and that are generally exercised by corporations engaged in entrepreneurial pursuits, including the power to: (1) sue and be […]
The board shall provide the authority with the private-sector perspective of a large marketing enterprise and shall make every effort to exercise sound and prudent business judgment in its management and promotion of the lottery. It is the duty of the board to: A. adopt all rules, policies and procedures necessary for the establishment and […]
The board may adopt rules, policies and procedures for the conduct of lottery games in general, including, but not limited to the following matters: A. the type of games to be conducted, which may include any type of lottery game not prohibited by the New Mexico Lottery Act; B. the percentage of lottery revenues that […]
A. The legislative finance committee shall oversee the operations of the authority, as well as periodically review and evaluate the success with which the authority is accomplishing its duties and operating the lottery pursuant to the New Mexico Lottery Act. The committee may conduct an independent audit or investigation of the lottery or the authority. […]
