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§ 4-48B-2 NMSA 1978

Purpose of act

Known as the Hospital Funding Act

The act spans §§ 4–4 (29 sections).

Laws 1980, ch. 46, § 1; 1978 Comp., § 4-48-11.2, recompiled as § 4-48B-2 by Laws 1981, ch. 83, § 2.

The purpose of the Hospital Funding Act is:

A. to encourage and enable counties and other political subdivisions to provide appropriate and adequate hospital facilities for the sick of the counties;

B. to provide flexibility in financing construction, operation and maintenance of necessary hospital facilities; and

C. to minimize the cost of constructing new hospital facilities and maintaining adequate hospital facilities in all geographic areas of the state.

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.