Section 21-22D-2 - Purpose.

NM Stat § 21-22D-2 (2019) (N/A)
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The purpose of the Health Professional Loan Repayment Act is to increase the number of health professionals in underserved areas of the state through an educational loan repayment program. The act provides for repayment of the principal and reasonable interest accrued on loans obtained from the federal government or a commercial lender for health education purposes.

History: Laws 1995, ch. 144, § 17.

Effective dates. — Laws 1995, ch. 144, § 26 made the Health Professional Loan Repayment Act effective July 1, 1995.