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Section 21-22-3 - Definitions.

NM Stat § 21-22-3 (2019) (N/A)
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As used in the Medical Student Loan for Service Act:

A. "commission" ["department"] means the commission on higher education [higher education department];

B. "loan" means a grant of funds to defray the costs incidental to a medical education under a contract between the commission [department] and a medical student requiring either repayment with interest or repayment in services; and

C. "student" means a resident of New Mexico who is a student enrolled in a school of medicine.

History: 1953 Comp., § 73-38A-3, enacted by Laws 1975, ch. 244, § 3; 1982, ch. 34, § 1; 1987, ch. 299, § 11; 1991, ch. 262, § 29.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978.

The 1991 amendment, effective June 14, 1991, substituted "Medical Student Loan for Service Act" for "Medical Student Loan Act" in the introductory paragraph and deleted " 'board' or" at the beginning of Subsection A.

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Section 21-22-2 - Purpose.
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Section 21-22-4 - Medical student loans; higher education department authorized; qualifications.