Application Amendment And Withdrawal

A. If there is any change in the information submitted to the board in the application, the applicant shall file, within 10 days of the change, a written amendment disclosing all facts necessary to adequately inform the board of the change in circumstances before the board takes the requested action. B. An applicant may amend the application at any time prior to final action by the board. The date of receipt of the amendment by the board shall establish the new filing date of the application with respect to the time requirements for action on the application. C. An amendment to an application filed by the applicant after the date on which the board has taken the action sought under the application, if the amendment is approved by the board, shall become effective on the date determined by the board. 15.1.5 NMAC 9 D. An applicant may file a written request for withdrawal of the application at any time prior to final action on the application by the board. [15.1.5.20 NMAC - Rp, 15.1.5.20 NMAC, 6/30/2016] 15.1.5.21 LIMITED USE DISTRIBUTOR’S LICENSE; CONDITIONS: A limited use distributor’s license is subject to the following conditions: A. A limited use distributor shall not maintain an office or physical location within the state. If the limited use distributor opens an office or physical location within the state, the distributor shall apply to convert the license to a distributor’s license pursuant to 15.1.5.21 NMAC. B. A limited use distributor shall maintain an office or physical location in another jurisdiction and shall be in good standing with all applicable regulatory agencies within that jurisdiction and any jurisdiction where the limited use distributor is located. C. A limited use distributor shall be limited to selling gaming machines and associated equipment to a person with a distributor’s license issued by the board. D. All gaming machines sold by a limited use distributor shall have been manufactured by a manufacturer licensed by the board, shall be approved for use in this state pursuant to all applicable board regulations, shall meet all technical standards established by the board and shall be compatible with the board’s central monitoring system. E. Both the limited use distributor and the licensed distributor purchasing gaming machines from the limited use distributor shall be responsible for compliance with all board rules relating to the sale, transportation, technical specifications and licensing of all gaming machines sold and purchased pursuant to the limited use distributor’s license. F. A limited use distributor’s license shall not be subject to renewal. [15.1.5.21 NMAC - N, 6/30/2016] 15.1.5.22 LIMITED USE DISTRIBUTOR’S LICENSE; PROCEDURES: The application procedures for a limited use distributor’s license shall be as follows: A. The applicant shall complete a licensing application prescribed by the board and shall pay the applicable application fee and costs for any background investigation. B. The applicant shall not transport any gaming machines into the state until a license is granted by the board. C. The limited use distributor selling the gaming machines and the distributor purchasing the gaming machines shall notify the board on forms prescribed by the board prior to transporting any gaming machines into the state. D. In addition to the application fee, a limited use distributor shall pay to the board a transaction fee of $1,500 for each transaction in which the limited use distributor sells gaming machines to a distributor prior to completing the transaction. E. A limited use distributor shall not conduct more than two transactions per license year unless the limited use distributor obtains a distributor’s license prior to conducting the third transaction. F. A limited use distributor may request to convert its limited use distributor’s license to a distributor’s license by submitting an additional fee of $1,000 plus the costs of conducting a background investigation to the board and completing an application prescribed by the board prior to the expiration of the limited use distributor’s license. All fees paid prior to the application for a distributor’s license shall be applied to the application. G. A distributor’s license issued as a result of a conversion from a limited use distributor’s license shall be valid for one year from the initial limited use licensure.