N.M. Admin. Code § 15.6.16.12

Current through Register Vol. 35, No. 24, December 23, 2024

Section 15.6.16.12 - FORFEITURE OF PURSE

A. The Commission shall have the power to declare forfeiture of any purse, or any part or share thereof, belonging to both or either of the contestants or of any manager, if it has reason to believe such contestant or contestants, or manager of the contestant or contestants, has committed an act in violation of any rules or regulation of the Commission.

B. The amount forfeited shall be paid to the Commission within forty-eight (48) hours of the declaration of forfeiture. The Commission shall hold the purse until there is a final determination whether a violation has been committed.

15.6.16.12 NMAC - N, 03-23-2002