N.M. Stat. § 24-1C-4
This is the official text of N.M. Stat. § 24-1C-4, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 24-1C-4. Primary care capital fund; creation
Official statutory text
A. The “primary care capital fund” is created as a revolving fund in the authority. The fund shall consist of appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the fund. A separate account shall be maintained for appropriations, loan repayments, gifts, grants, donations and interest earned on investment of the account for loans to school-based health centers and telehealth sites. Money in the fund shall not revert at the end of a fiscal year.
B. The fund shall be administered by the authority. The authority may recover from the fund the actual costs of administering the fund and originating loans.
B. The fund shall be administered by the authority. The authority may recover from the fund the actual costs of administering the fund and originating loans.
Status: in_force
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