Temporary Cessation Of Games Of Chance

15.4.5 NMAC 6 A. The licensee shall contact the board in writing prior to the cessation of one or more bingo occasions or cessation of pull-tab dispenser operations. In the event there is an emergency and prior notice cannot be given, the licensee shall advise the board no later than the next business day. B. If bingo operations cannot resume on the next scheduled occasion, or pull-tab dispenser operations cannot resume by the next scheduled day, the licensee shall notify the board in writing and include the dates and times of the occasions or cessation of dispenser operations and the reason for the closure. C. If the cessation of bingo occasions or pull-tab dispenser operations exceeds 30 days, the licensee shall notify the board in writing and include the length of the cessation, the reason for cessation, and the date regular operations will resume. The licensee shall provide updated notifications to the board every 30 days thereafter until such time as bingo occasions or pull-tab dispenser operations resume. D. Any bingo operator licensee that ceases games of chance for more than 90 consecutive days and has not requested and received authorization from the board to do so, shall surrender its bingo operator’s license to the board. The board may suspend or revoke the bingo operator’s license, absent good cause shown for cessation of operation exceeding 90 consecutive days. [15.4.5.26 NMAC - Rp, 15.4.5.26 NMAC, 2/23/2021] 15.4.5.27 CESSATION OF GAMES OF CHANCE; SURRENDER AND CANCELLATION OF LICENSE: A. The licensees shall notify the taxation and revenue department of cessation of bingo and raffle activities in writing. B. The licensee seeking to cease operations shall submit a form prescribed by the board to include the licensee’s name, license number and the names of all permittees with badge numbers, and the type of property/venue to the board’s licensing division no later than 10 days from the final occasion. C. The licensee shall surrender all licenses issued by the board to the board’s licensing division no later than 10 days from the final occasion. D. The licensee may sell or donate any equipment only to licensed operators or distributors. E. The licensee shall sell or donate unopened pull-tab deals only to licensed operators or distributors. F. The licensee may sell or donate unopened packages of bingo cards only to licensed operators or distributors. G. All reporting requirements apply to the final quarterly report. H. The licensee shall submit the final quarterly bingo and raffle activity reports on the prescribed quarterly report forms no later than 45 days from the final occasion conducted. I. All monies in the bingo operating account shall be fully distributed and checks cleared no later than the 45 days from the last occasion. The bingo operating account balance should be zero. Proof of a zero balance in the bingo operating account and the closing of that account shall be sent to the board. J. The ceasing of bingo activities does not relieve the bingo operator licensee of its obligations to pay any tax, fees or costs due or to submit any report or information required as a result of engaging in games of chance. K. The board may take disciplinary action against any licensee that ceases games of chance without notice to the board, including revoking the license, imposing a fine, or both.