Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 58-23-1 - Short title. - Chapter 58, Article 23 NMSA 1978 may be cited as...
Section 58-23-2 - Legislative findings. - The legislature finds that: A. the delivery of high-quality health...
Section 58-23-3 - Definitions. - As used in the Hospital Equipment Loan Act: A. "board"...
Section 58-23-4 - Additional definitions. - As used in the Hospital Equipment Loan Act in connection...
Section 58-23-5 - Council; created; members; qualifications; board. - A. There is created a public body politic and corporate,...
Section 58-23-6 - Council; board of directors; terms and conditions of service. - A. The members of the board shall be appointed for...
Section 58-23-7 - Board; expenses. - The members of the board shall receive no compensation for...
Section 58-23-8 - Board; quorum. - A majority of the members of the board then serving...
Section 58-23-9 - Meetings of the board. - The board shall meet at least annually and may meet...
Section 58-23-10 - Board; bonding requirements. - At the time of the issuance of any bonds pursuant...
Section 58-23-11 - Powers. - The council is granted all powers necessary and appropriate to...
Section 58-23-12 - Council; duties. - The council shall have the following duties: A. to invest...
Section 58-23-13 - Lease and loan agreements with participating health-care providers; insurance; loan and lease payments. - In addition to its other powers and duties, the council...
Section 58-23-14 - Optional powers. - Prior to the exercise of any of the powers conferred...
Section 58-23-15 - Issuance of bonds. - The council is authorized to issue, sell and deliver its...
Section 58-23-16 - Terms of payment and sale of bonds. - A. The bonds shall be dated, shall bear interest at...
Section 58-23-16.1 - Interest rates; refunding; approval by council; findings. - Bonds issued under the Hospital Equipment Loan Act are not...
Section 58-23-17 - Use of bond proceeds. - The proceeds of the bonds of each issue shall not...
Section 58-23-18 - Bonds secured by trust indenture. - The bonds may be secured by a trust indenture between...
Section 58-23-19 - Security for payment of bonds. - Any bond resolution or related trust agreement, trust indenture, indenture...
Section 58-23-20 - General obligation bonds; payment and security. - Except as may otherwise be provided by the council, every...
Section 58-23-21 - Bonds; no obligation of state. - No bonds issued by the council under the Hospital Equipment...
Section 58-23-22 - Council; pledge; recording of lien not required. - Any pledge made by the council shall be valid and...
Section 58-23-23 - Purchase of bonds; cancellation; purchase price. - The council, subject to existing agreements with bondholders, has the...
Section 58-23-24 - Bonds; negotiable instruments. - Whether or not the bonds are in the form and...
Section 58-23-25 - Council members; limitation on personal liability. - Neither the members of the council nor any other person...
Section 58-23-26 - Deposit of money. - All money of the council, except as otherwise authorized or...
Section 58-23-27 - Bondholders; pledge; agreement of the state. - The state pledges and agrees with the holder of any...
Section 58-23-28 - Council expenses; liability of state or political subdivision prohibited. - All expenses incurred by the council in carrying out the...
Section 58-23-29 - Exemption from taxation; assets to state upon dissolution. - A. All property acquired or held by the council under...
Section 58-23-30 - Bonds; legal investments. - The bonds issued under the authority of the Hospital Equipment...
Section 58-23-31 - Loan program; annual report; contents; audit. - The council shall, following the close of each fiscal year,...
Section 58-23-32 - Liberal construction. - The Hospital Equipment Loan Act shall be liberally construed to...