New Mexico Register / Volume
XXX, Issue 23 / December 17, 2019
This is an amendment to 15.2.1
NMAC, Section 6 and 7, effective December 19, 2019.
Explanatory Paragraph: In 15.2.1.7 NMAC, Subsection A, and
Subsections C through Z were not published as there were no changes.
15.2.1.6 OBJECTIVE: [The
objective of Part 1 of Chapter 2 is] To establish the authority of the racing
commission for regulating the horse racing industry; establish procedures for
issuance, renewal, suspension, or revocation of licenses for violations of the
rules or act; and, achieve the objectives that participants and patrons be
protected against all wrongful, unlawful, or unfair conduct and practices on
the racetrack.
[15.2.1.6 NMAC - Rp, 15 NMAC 2.1.6, 3/15/2001; A, 12/17/2019]
15.2.1.7 DEFINITIONS:
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B. Definitions beginning with the letter “b”:
(1) “Beneficial interest” is profit,
benefit, or advantage resulting from a contract, or the ownership of an estate
as distinct from the legal ownership or control. When considered as designation of character
of an estate, is such an interest as a devisee, legatee, or donee
takes solely for his own use or benefit, and not as holder of title for use and
benefit of another.
(2) “Betting interest” refers to one or
more contestants in a pari-mutuel contest, which are identified by a single
program number for wagering purposes.
(3) “Bleeder” is any horse, which
exhibits symptoms of epistaxis and/or respiratory tract hemorrhage.
(4) “Bleeder list” is a tabulation of all
bleeders to be maintained by the commission.
(5) “Board” means the gaming control
board.
(6) “Breakage” means the odd cents by
which the amount payable on each dollar wagered exceeds a multiple of ten.
(7) “Breeder” is the [owner of the
horse's dam at the time of foaling.] person or entity recorded by the
national registry organization for the particular breed of the horse.
***
[15.2.1.7 NMAC - Rp, 15 NMAC 2.1.7, 3/15/2001; A, 2/14/2002; A, 8/30/2007;
A, 12/01/2010; A, 1/1/2013; A, 5/1/2013; 8/15/2014; A, 7/1/2017; A, 3/14/2018;
A, 9/26/2018; A, 12/19/2019]