{"data":{"id":"us-nm/58-23-14","jurisdiction":"us-nm","citation":"58-23-14","heading":"Optional powers.","body":"Prior to the exercise of any of the powers conferred by Section 13 [58-23-13 NMSA 1978] of the Hospital Equipment Loan Act, the council may:\nA. require that the lease or installment purchase contract or loan agreement involved be insured by a loan insurer, be guaranteed by a loan guarantor or be secured by a letter of credit; or\nB. require any other type of security from the participating health facilities or banks, savings and loan associations or other entities that it deems reasonable and necessary.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 23 Hospital Equipment Loans"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"fdc57a99fdb2a4adbdd525b977d2aac6134cef907ccad5b4b560c149cabcd862","source_id":"us-nm","stale":false,"prev":"us-nm/58-23-13","next":"us-nm/58-23-15"},"notice":"GroundRules: Original legal text. Not legal advice."}