2011 New Mexico Statutes
Chapter 4: Counties
Article 48B: Hospital Funding, 4-48B-1 through 4-48B-29
Section 4-48B-2: Purpose of act.


NM Stat § 4-48B-2 (1996 through 1st Sess 50th Legis) What's This?

4-48B-2. Purpose of act.

The purpose of the Hospital Funding Act [Chapter 4, Article 48B NMSA 1978] 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.

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