A. A license issued pursuant to the New Mexico Bingo and Raffle Act shall be valid for three years and may be renewed for successive three-year terms.
B. A permit issued pursuant to the New Mexico Bingo and Raffle Act shall be valid for three years from the date of issuance and may be renewed for successive three-year terms.
C. A license or permit or a renewal of a license or permit is not transferable.
History: Laws 2009, ch. 81, § 12.
Effective dates. — Laws 2009, ch. 81, § 31 made the act effective July 1, 2009.
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