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Current as of January 01, 2024 | Updated by FindLaw Staff
The legislature finds that:
A. lotteries have been enacted in many states and the revenues generated from those lotteries have contributed to the benefit of the residents of those states;
B. many New Mexicans already participate in other state lotteries and support the establishment of a state lottery in New Mexico; and
C. the most desirable, efficient and effective mechanism for operation of a state lottery is an independent lottery authority organized as a business enterprise separate from state government, without need for state revenues or resources and subject to oversight, audit and accountability by public officials and agencies.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-24-2. Legislative findings - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-24-2/
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