New Mexico § 60-2F-26 - Exemptions
Full text of New Mexico New Mexico Statutes Annotated § 60-2F-26 — Exemptions, with citation guidance and answers to common questions.
§ 60-2F-26. Exemptions
A. Except as provided in Subsection B of this section, nothing in the New Mexico Bingo
and Raffle Act shall be construed to apply to: (1) a drawing or a prize at a fair or fiesta held in New Mexico under the sponsorship
or authority of the state or any of its political subdivisions, or for the benefit
of a religious organization situated in this state or for charitable purposes when
all the proceeds of the sale or drawing shall be expended within New Mexico for the
benefit of that political subdivision, religious organization or charitable purpose;
or (2) a bingo or a raffle held by a qualified organization that holds no more than one
bingo occasion or one raffle in any three consecutive calendar months and not exceeding
four occasions in one calendar year. B. Notwithstanding the provisions of Subsection A of this section, no raffle with
an individual prize exceeding seventy-five thousand dollars ($75,000) shall be held
without a ten-day prior notification to the board of the conduct of the event and
a subsequent notification to the board of the names, addresses and phone numbers of
all prize winners. C. Nothing in the New Mexico Bingo and Raffle Act shall be construed to apply to a
lottery established and operated pursuant to the New Mexico Lottery Act or gaming
that is licensed and operated pursuant to the Gaming Control Act.
Frequently Asked Questions About New Mexico § 60-2F-26
What does New Mexico Statutes Annotated § 60-2F-26 cover?
Section 60-2F-26 ("Exemptions") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 60-2F-26?
A common citation format is "New Mexico Statutes Annotated § 60-2F-26" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 60-2F-26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.