Section 6-26-3 - Definitions. - New Mexico Statutes

6-26-3. Definitions.

As used in the Behavioral Health Capital Funding Act [6-26-1 NMSA 1978]:

A.     "authority" means the New Mexico finance authority;

B.     "capital project" means repair, renovation or construction of a behavioral health facility; purchase of land; or acquisition of capital equipment of a long-term nature;

C.     "department" means the department of health;

D.     "eligible entity" means a nonprofit behavioral health facility that has assets totaling less than ten million dollars ($10,000,000), is a 501(c)(3) nonprofit corporation for federal income tax purposes and serves primarily sick and indigent patients; and

E.     "fund" means the behavioral health capital fund.