State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-26 > Section-6-26-7

6-26-7. Eligible entity; change in status.

If an eligible entity that has received a loan for a capital project ceases to maintain its nonprofit status or ceases to deliver behavioral health services at the site of the capital project for twelve consecutive months, the state may pursue the remedies provided in the loan agreement or as provided by law.

State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-26 > Section-6-26-7

6-26-7. Eligible entity; change in status.

If an eligible entity that has received a loan for a capital project ceases to maintain its nonprofit status or ceases to deliver behavioral health services at the site of the capital project for twelve consecutive months, the state may pursue the remedies provided in the loan agreement or as provided by law.


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-6 > Article-26 > Section-6-26-7

6-26-7. Eligible entity; change in status.

If an eligible entity that has received a loan for a capital project ceases to maintain its nonprofit status or ceases to deliver behavioral health services at the site of the capital project for twelve consecutive months, the state may pursue the remedies provided in the loan agreement or as provided by law.