{"data":{"id":"us-nm/4-48b-17","jurisdiction":"us-nm","citation":"4-48B-17","heading":"Governing boards of county hospitals authorized to establish retirement plans and programs for employees of county hospitals.","body":"The hospital governing board of a county hospital and regents of a state educational institution operating a county hospital under a contract approved by the state board of finance may establish retirement plans and programs for employees of a county hospital under their control. In establishing a retirement plan or program for county hospital employees, the governing board of the hospital may contract with private insurance companies. Any retirement benefits payable or paid to a county hospital employee resulting from a retirement plan or program authorized under this section are employee benefits and part of consideration for services rendered and are not donations to the employee.","path":["Chapter 4 - Counties","ARTICLE 48B Hospital Funding"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18505/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"54bca556cdc92aff0d99c529df5b62bf22612cc5c6c265b725fa3acf3dbf4f06","source_id":"us-nm","stale":false,"prev":"us-nm/4-48b-16","next":"us-nm/4-48b-18"},"notice":"GroundRules: Original legal text. Not legal advice."}