New Mexico § 24-1C-4 Primary care capital fund; creation

New Mexico Statutes

§ 24-1C-4 — Primary care capital fund; creation

New Mexico § 24-1C-4

Ch. 24Health and Safety

Art. 1CPrimary Care Capital Funding

This text of New Mexico § 24-1C-4 (Primary care capital fund; creation) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 24-1C-4 (2026).

Text

A.The "primary care capital fund" is created as a revolving fund in the authority. The fund shall consist of appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the fund. A separate account shall be maintained for appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the account for loans to school-based health centers and telehealth sites. Money in the fund shall not revert at the end of a fiscal year.

B.The fund shall be administered by the authority. The authority may recover from the fund the actual costs of administering the fund and originating loans..

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A. The "primary care capital fund" is created as a revolving fund in the authority. The fund shall consist of appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the fund. A separate account shall be maintained for appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the account for loans to school-based health centers and telehealth sites. Money in the fund shall not revert at the end of a fiscal year. B. The fund shall be administered by the authority. The authority may recover from the fund the actual costs of administering the fund and originating loans..