New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 6 - BOXING, WRESTLING AND MARTIAL ARTS
Part 16 - DISCIPLINARY ACTIONS
Section 15.6.16.12 - FORFEITURE OF PURSE
Universal Citation: 15 NM Admin Code 15.6.16.12
Current through Register Vol. 35, No. 18, September 24, 2024
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.
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