New Mexico Code § 4-48A-11

Board of trustees; acquisition of existing hospital facilities; agreements
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facilities; agreements.
A. The board of trustees may acquire by purchase, lease-purchase or lease for the
use of the special hospital district, any existing hospital facility (including buildings,
property, furniture and equipment).
B. The governing body of a political subdivision situated within the territorial
boundaries of a special hospital district and owning a hospital facility already
constructed and situated within such territorial boundaries of a special hospital district
may, with the approval of the state board of finance, enter into agreement with the
board of trustees of the special hospital district for the sale, operation or maintenance of
such hospital facility by the special hospital district.
History: 1978 Comp., § 4-48A-11, enacted by Laws 1978, ch. 29, § 11.

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