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.

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[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]