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. ANNOTATIONSCross references. — For the use of federal funds for rural hospitals, see 27-1-3.1 NMSA 1978.
New Mexico Legal Code