New Mexico Statutes

§ 4-48A-8 — Board of trustees; organization; bond

New Mexico § 4-48A-8
JurisdictionNew Mexico
Ch. 4Counties
Art. 48ASpecial Hospital Districts

This text of New Mexico § 4-48A-8 (Board of trustees; organization; bond) 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. § 4-48A-8 (2026).

Text

A.The board of trustees shall elect from its membership a chairman and secretary- treasurer.
B.Each member of the board of trustees shall receive no compensation for the performance of his duties, but shall be paid per diem and mileage for attendance at meetings of the board as provided in the Per Diem and Mileage Act [10-8-1 to 10-8-8 NMSA 1978].
C.Each member of the board of trustees shall furnish a corporate surety bond in the penal sum of ten thousand dollars ($10,000) for the faithful performance of his duties and the accounting for all funds which shall come into his possession. Such bond shall run to the benefit of the special hospital district.
D.All authorizations for the payment or expenditure of money in the possession of the special hospital district shall be signed by the

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Legislative History

1978 Comp., § 4-48A-8, enacted by Laws 1978, ch. 29, § 8.

Nearby Sections

15
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Bluebook (online)
New Mexico § 4-48A-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/4/4-48A-8.