No promoter or foreign co-promoter shall pay or give any money to a licensee before any professional contest as an advance against a contestant's purse or for a similar purpose. except that a promoter may, with the prior written consent of the commission, pay or advance to a contestant necessary expenses for transportation and maintenance in preparation for a professional contest.
§ 60-2A-18 NMSA 1978
Advances against contestant's purse. (Repealed effective July 1, 2030.)
Known as the New Mexico Bingo and Raffle Act
The act spans §§ 60–60 (572 sections).
Laws 1980, ch. 90, § 18.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.