New Mexico Statutes
Article 23 - Hospital Equipment Loans
Section 58-23-1 - Short title.

Chapter 58, Article 23 NMSA 1978 may be cited as the "Hospital Equipment Loan Act".
History: Laws 1983, ch. 290, § 1; 1992, ch. 41, § 6.
The 1992 amendment, effective May 20, 1992, substituted "Chapter 58, Article 23 NMSA 1978" for "This act".

Structure New Mexico Statutes

New Mexico Statutes

Chapter 58 - Financial Institutions and Regulations

Article 23 - Hospital Equipment Loans

Section 58-23-1 - Short title.

Section 58-23-2 - Legislative findings.

Section 58-23-3 - Definitions.

Section 58-23-4 - Additional definitions.

Section 58-23-5 - Council; created; members; qualifications; board.

Section 58-23-6 - Council; board of directors; terms and conditions of service.

Section 58-23-7 - Board; expenses.

Section 58-23-8 - Board; quorum.

Section 58-23-9 - Meetings of the board.

Section 58-23-10 - Board; bonding requirements.

Section 58-23-11 - Powers.

Section 58-23-12 - Council; duties.

Section 58-23-13 - Lease and loan agreements with participating health-care providers; insurance; loan and lease payments.

Section 58-23-14 - Optional powers.

Section 58-23-15 - Issuance of bonds.

Section 58-23-16 - Terms of payment and sale of bonds.

Section 58-23-16.1 - Interest rates; refunding; approval by council; findings.

Section 58-23-17 - Use of bond proceeds.

Section 58-23-18 - Bonds secured by trust indenture.

Section 58-23-19 - Security for payment of bonds.

Section 58-23-20 - General obligation bonds; payment and security.

Section 58-23-21 - Bonds; no obligation of state.

Section 58-23-22 - Council; pledge; recording of lien not required.

Section 58-23-23 - Purchase of bonds; cancellation; purchase price.

Section 58-23-24 - Bonds; negotiable instruments.

Section 58-23-25 - Council members; limitation on personal liability.

Section 58-23-26 - Deposit of money.

Section 58-23-27 - Bondholders; pledge; agreement of the state.

Section 58-23-28 - Council expenses; liability of state or political subdivision prohibited.

Section 58-23-29 - Exemption from taxation; assets to state upon dissolution.

Section 58-23-30 - Bonds; legal investments.

Section 58-23-31 - Loan program; annual report; contents; audit.

Section 58-23-32 - Liberal construction.