New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 11 - ALCOHOLIC BEVERAGES LICENSING
Part 24 - LICENSES AND PERMITS - RESTAURANT LICENSE
Section 15.11.24.10 - REQUIREMENTS FOR RENEWAL
Current through Register Vol. 35, No. 18, September 24, 2024
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.