Section 58-23-3 – Definitions.
As used in the Hospital Equipment Loan Act: A. “board” means the board of directors of the council; B. “bonds” means bonds, notes, interim certificates, bond anticipation notes or other evidences of indebtedness of the council issued pursuant to the Hospital Equipment Loan Act, including refunding bonds; C. “cost” as applied to health-related equipment means […]
Section 58-23-4 – Additional definitions.
As used in the Hospital Equipment Loan Act in connection with refinancing, renewing, funding, refunding or paying any bonds, “bonds” also means any bond, note, certificate or other evidence of indebtedness previously issued or incurred by any health facility, municipality, county, special hospital district or other political subdivision to refinance, finance or aid in financing […]
Section 58-23-5 – Council; created; members; qualifications; board.
A. There is created a public body politic and corporate, separate and apart from the state, constituting a governmental instrumentality to be known as the “New Mexico hospital equipment loan council” for the performance of essential public functions. B. The council shall be governed by a board of directors consisting of five members. The governor, […]