Section 4-48B-2 - Purpose of act. - New Mexico Statutes

4-48B-2. Purpose of act.

The purpose of the Hospital Funding Act [Chapter 4, Article 48B NMSA 1978] 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.