N.M. Stat. § 24-1C-9

Current through 2024, ch. 69
Section 24-1C-9 - Eligible entity; change in status

If an eligible entity that has received a loan or contract for services for a capital project ceases to maintain its nonprofit status or ceases to deliver primary care services at the site of the capital 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.

NMS § 24-1C-9

Laws 1994, ch. 62, § 15; 1997, ch. 230, § 3.
Amended by 2023, c. 129,s. 10, eff. 6/13/2023.