New Mexico Statutes

§ 4-48B-7 — Power to lease hospitals

New Mexico·Ch. 4 Counties·Art. 48B Hospital Funding
A.All counties shall have the power to authorize the leasing or operating of county hospitals to persons, firms, organizations, corporations or a state educational institution named in Article 12, Section 11 of the constitution of New Mexico upon such terms and conditions as the county commissioners may determine. If the lease is to a state educational institution named in Article 12, Section 11 of the constitution of New Mexico, the payment for the lease shall not exceed one dollar ($1.00) per year. The lease may be for any length of time deemed appropriate by the parties involved, provided that the lease shall contain a cancellation clause.
B.In the event of a lease to or an agreement to operate with a state educational institution named in Article 12, Section 11 of the constitution of

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Legislative History

1941 Comp., § 15-5005, enacted by Laws 1947, ch. 148, § 5; 1953 Comp., §

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