New Mexico Statutes

§ 6-26-7 — Eligible entity; change in status

New Mexico·Ch. 6 Public Finances·Art. 26 Behavioral Health Capital Funding Act
If an eligible entity that has received a loan or contract for services for a project ceases to maintain its nonprofit status or ceases to deliver behavioral health services at the site of the project for twelve consecutive months, the authority may pursue the remedies provided in the loan agreement or contract for services or as provided by law.

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New Mexico § 6-26-7 (Eligible entity; change in status) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 2004, ch. 71, § 7; 2023, ch. 129, § 5.

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