There is a newer version of the New Mexico Statutes
2014 New Mexico Statutes
Chapter 4 - Counties
Section 48B Hospital Funding
Section 4-48B-2 Purpose of act.
NM Stat § 4-48B-2 (2014) What's This?
4-48B-2. Purpose of act.
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.
History: Laws 1980, ch. 46, 1; 1978 Comp., 4-48-11.2, recompiled as 4-48B-2 by Laws 1981, ch. 83, 2.
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