LegalFix
Sign In

Section 4-48B-2 - Purpose of act.

NM Stat § 4-48B-2 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.

Cross references. — For the use of federal funds for rural hospitals, see 27-1-3.1 NMSA 1978.

Previous Section
Section 4-48B-1 - Short title.
Next Section
Section 4-48B-3 - Definitions.