New Mexico Statutes

§ 27-2-44 — Indigent catastrophic illness hospital fund created

New Mexico § 27-2-44
JurisdictionNew Mexico
Ch. 27Public Assistance
Art. 2Public Assistance Act

This text of New Mexico § 27-2-44 (Indigent catastrophic illness hospital fund created) 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. § 27-2-44 (2026).

Text

The "indigent catastrophic illness hospital fund" is created as a nonreverting fund in the state treasury. Money in the fund is appropriated to the authority to reimburse hospitals for eligible claims for hospital charges incurred by medically indigent patients and for paying administrative costs of the authority not to exceed three percent of the annual appropriation or other distribution or transfer to the fund. Money in the fund shall be invested as provided for other state funds and income earned on the fund shall be credited to the fund.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Laws 1990, ch. 93, § 4; 2024, ch. 39, § 85.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 27-2-44, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/27/27-2-44.