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Current as of January 01, 2024 | Updated by FindLaw Staff
The commission shall promulgate reasonable rules and regulations governing bicycle racing in this state. These rules and regulations shall:
A. govern the application procedures for all licenses issued by the commission;
B. provide for the supervision, direction and discipline of licensees of the commission;
C. govern, subject to the Uniform Licensing Act, 1 the issuance, suspension and revocation of licenses issued by the commission;
D. provide for the barring from bicycle racing and bicycle-racing tracks of any persons, including those required to be licensed by the commission;
E. determine the distribution of the gross receipts of all pari-mutuel bicycle-racing wagers that shall be payable as pari-mutuel winnings, as race purses to the winning bicycle racers and as commissions to the licensee;
F. set standards for the holding, conducting and operating of all bicycle races, race meets and racetracks under the supervision of the commission; and
G. become effective only after they have been filed in accordance with the State Rules Act. 2
Cite this article: FindLaw.com - New Mexico Statutes Chapter 60. Business Licenses § 60-2D-7. Rules and regulations - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-60-business-licenses/nm-st-sect-60-2d-7/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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