New Mexico § 24-24-3 Definitions

New Mexico Statutes

§ 24-24-3 — Definitions

New Mexico § 24-24-3

Ch. 24Health and Safety

Art. 24Child Care Facility Loan

This text of New Mexico § 24-24-3 (Definitions) 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. § 24-24-3 (2026).

Text

As used in the Child Care Facility Loan Act: A. "authority" means the New Mexico finance authority; B. "department" means the early childhood education and care department; C. "facility" means a child care facility operated by a provider, including both family home-based and center-based programs, licensed by the department to provide care to infants, toddlers and children; D. "fund" means the child care facility revolving loan fund; E. "operating capital" means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and F. "provider" means a person, entity or employer licensed by the department to provide child care to infants, toddlers and children pursuant to Section 9-2A-8 NMSA 1978.

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As used in the Child Care Facility Loan Act: A. "authority" means the New Mexico finance authority; B. "department" means the early childhood education and care department; C. "facility" means a child care facility operated by a provider, including both family home-based and center-based programs, licensed by the department to provide care to infants, toddlers and children; D. "fund" means the child care facility revolving loan fund; E. "operating capital" means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and F. "provider" means a person, entity or employer licensed by the department to provide child care to infants, toddlers and children pursuant to Section 9-2A-8 NMSA 1978.