Section 60-2E-12 - Conflicts of interest; board; executive director; employees. - New Mexico Statutes

60-2E-12. Conflicts of interest; board; executive director; employees.

A.     In addition to all other provisions of New Mexico law regarding conflicts of interest of state officials and employees, a member of the board, the executive director,  an employee of the board or a person in the immediate family of or residing in the household of any of the foregoing persons, shall not:

(1)     directly or indirectly, as a proprietor or as a member, stockholder, director or officer of a company, have an interest in a business engaged in gaming activities in this or another jurisdiction; or

(2)     accept or agree to accept any economic opportunity, gift, loan, gratuity, special discount, favor, hospitality or service having an aggregate value of one hundred dollars ($100) or more in any calendar year from a licensee or applicant.

B.     If a member of the board, the executive director or a person in the immediate family of or residing in the household of a member of the board or the executive director violates a provision of this section, the member of the board or executive director shall be removed from office.  A board member shall be removed by the governor, and the executive director shall be removed from the executive director's position by the board.