A. No employee of the authority shall participate in any decision involving a lottery retailer with whom the employee has a financial interest.
B. No employee of the authority who leaves the employment of the authority may represent any lottery vendor or lottery retailer before the authority for a period of two years following termination of employment with the authority.
C. A background investigation shall be conducted on each applicant who has reached the final selection process prior to employment by the authority. The authority is authorized to pay for the actual cost of such investigations and may contract with the department of public safety for the performance of the investigations.
D. The authority shall bond authority employees with access to authority funds or lottery revenue in an amount determined by the board and may bond other employees as deemed necessary.
History: Laws 1995, ch. 155, ยง 11.
Structure 2021 New Mexico Statutes
Article 24 - New Mexico Lottery
Section 6-24-2 - Legislative findings.
Section 6-24-5 - New Mexico lottery authority created.
Section 6-24-6 - Powers of the authority.
Section 6-24-7 - Board of directors; duties.
Section 6-24-8 - Lottery games; adoption of rules, policies and procedures by board.
Section 6-24-9 - Legislative oversight; legislative finance committee; duties.
Section 6-24-10 - Chief executive officer; compensation; appointment; duties.
Section 6-24-11 - Employees; conflict of interest; investigations; bonds.
Section 6-24-12 - Executive vice president for security; qualifications; duties.
Section 6-24-14 - Lottery retailers; contracts; sales commission; bonds.
Section 6-24-15 - Lottery tickets; sales.
Section 6-24-16 - Termination of lottery retailer contracts.
Section 6-24-17 - Disclosure of odds.
Section 6-24-18 - Felony and gambling-related convictions; ineligibility for lottery positions.
Section 6-24-19 - Procurement; competitive proposals.
Section 6-24-20 - Disclosures by lottery vendor.
Section 6-24-21 - Drawings for and payment of prizes; unclaimed prizes; applicability of taxation.
Section 6-24-24 - Disposition of revenue.
Section 6-24-25 - Prohibition on use of state funds.
Section 6-24-26 - Authorization to issue revenue bonds.
Section 6-24-27 - Revenue and budget reports; records; independent audits.
Section 6-24-28 - Internal auditor; appointment; duties.
Section 6-24-29 - Unlawfully influencing and fraud; penalties.
Section 6-24-30 - Conflicts of interest; penalties.
Section 6-24-31 - Forgery of lottery ticket; penalty.
Section 6-24-32 - Unlawful sale of lottery ticket; penalty.
Section 6-24-33 - Unlawful purchase of lottery ticket; penalty.
Section 6-24-34 - Criminal provisions of act in addition to any existing Criminal Code provisions.