reglab/housing_qa huggingface dataset:
NM Stat § 4-48A-4 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-4 - Formation of special hospital district; petition.

A. If creation of a special hospital district is proposed, there shall be a petition circulated in the county for the creation of a special hospital district in the county or in each subdistrict of a special hospital district composed of all or portions of two or more counties. Petitions for the creation of a special hospital district shall designate the name of the proposed district and the territorial area within and outside the county to be included within the district and whether the initial board of trustees shall be elected at large or from single-member districts. If the petition calls for election of the board from single-member districts, it shall describe the districts, which shall be contiguous, compact, as equal in population as practicable and otherwise in compliance with applicable law. Each petition shall be signed only by qualified electors of the proposed special hospital district. The name and post office address of each signer shall be indicated on the petition. B. In the case of a special hospital district lying wholly within a county, the petition shall contain signatures in a number equal to or in excess of ten percent of the votes cast for governor in the territory of the proposed special hospital district in the last preceding general election at which a governor of the state was elected. In the case of a special hospital district composed of all or a portion of two or more counties, the petition for each subdistrict shall contain signatures in a number equal to or greater than ten percent of the votes cast for governor in the territory of the subdistrict in the last preceding general election at which a governor of the state was elected. For the purpose of determining the vote cast for governor in the territory of the proposed special hospital district or subdistrict, any portion of a precinct within the proposed district or subdistrict shall be construed as if the entire precinct were wholly within the territory of the proposed special hospital district. C. The petition calling for the creation of the special hospital district shall be filed with the county clerk of the county in which the district or subdistrict is proposed. The county clerk shall verify that the petition complies with all the requirements of the Special Hospital District Act. Upon such verification, the county clerk shall certify that fact, along with the petition, to the board of county commissioners. In the case of a special hospital district composed of all or portions of two or more counties, the board of county commissioners shall notify the boards of county commissioners of the other county or counties which are party to the agreement that a petition for the subdistrict within that county complying with all the requirements of the Special Hospital District Act has been certified and filed. History: 1978 Comp., § 4-48A-4, enacted by Laws 1978, ch. 29, § 4; 1981, ch. 84, § 3; 1990, ch. 12, § 1.
NM Stat § 4-48A-5.1 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-5.1 - Voting in certain special hospital districts after formation.

The board of trustees of a special hospital district included wholly within a county may determine, from time to time, whether trustees shall be elected at large or from single-member districts and, if the latter, shall determine, based upon the 1990 or a subsequent federal decennial census, the boundaries of such single-member districts, which shall be contiguous, compact, as equal in population as is practicable and otherwise in compliance with applicable law. The board shall redetermine the boundaries once following every federal decennial census, beginning with the 1990 census, in accordance with the same criteria. The board may change from at large elections to single-member districts or from single-member districts to at large elections and shall determine the procedure for transition from at large to single-member districts or vice versa. History: 1978 Comp., § 4-48A-5.1, enacted by Laws 1990, ch. 12, § 3.
NM Stat § 4-48A-7 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-7 - Board of trustees; qualifications; automatic removal.

Each member of the board of trustees shall be a qualified elector, and each member of the board of trustees elected from a subdistrict or a single-member district shall be a resident of the subdistrict or the single-member district of the special hospital district. The office of any member of the board of trustees who does not continue to reside in the special hospital district, and in the case of a member who is elected from a subdistrict or a single-member district, who does not continue to reside in the subdistrict or the single-member district, is automatically declared vacant. History: 1978 Comp., § 4-48A-7, enacted by Laws 1978, ch. 29, § 7; 1981, ch. 84, § 6; 1990, ch. 12, § 5.
NM Stat § 4-48A-8 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-8 - Board of trustees; organization; bond.

A. The board of trustees shall elect from its membership a chairman and secretary-treasurer. B. Each member of the board of trustees shall receive no compensation for the performance of his duties, but shall be paid per diem and mileage for attendance at meetings of the board as provided in the Per Diem and Mileage Act [10-8-1 to 10-8-8 NMSA 1978]. C. Each member of the board of trustees shall furnish a corporate surety bond in the penal sum of ten thousand dollars ($10,000) for the faithful performance of his duties and the accounting for all funds which shall come into his possession. Such bond shall run to the benefit of the special hospital district. D. All authorizations for the payment or expenditure of money in the possession of the special hospital district shall be signed by the chairman and the secretary-treasurer. History: 1978 Comp., § 4-48A-8, enacted by Laws 1978, ch. 29, § 8.
NM Stat § 4-48A-10 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-10 - Board of trustees; duties.

The board of trustees shall: A. be the governing authority of the special hospital district; B. comply with the provisions of law for local governments pertaining to the preparation and approval of budgets by the local government division of the department of finance and administration; C. comply with the provisions of law pertaining to the audit of local governments by the state auditor; and D. adopt rules and regulations for the management and operation of hospital facilities of the special hospital district. History: 1978 Comp., § 4-48A-10, enacted by Laws 1978, ch. 29, § 10.
NM Stat § 4-48A-11 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-11 - Board of trustees; acquisition of existing hospital 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.
NM Stat § 4-48A-12 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-12 - Board of trustees; issue of bonds.

A. Upon approval of a majority of the qualified electors voting upon the question, the board of trustees may issue general obligation bonds of the special hospital district for the purposes of: (1) constructing, acquiring or purchasing a hospital facility for the special hospital district; (2) equipping, furnishing, remodeling or renovating a hospital facility owned or operated by the special hospital district; (3) purchasing or acquiring real property deemed necessary to the construction, operation or maintenance of a hospital facility owned or operated by the special hospital district; or (4) refunding outstanding general obligation bonded indebtedness. B. No general obligation bonds of the special hospital district shall be issued which creates a total bonded indebtedness of the special hospital district in excess of three percent of the assessed valuation of the taxable property within the special hospital district as shown by the most recent general assessment. The debt limitation specified in this section shall be in excess of other existing debt limitations provided by law. C. The board of trustees shall comply with the requirements and procedures set forth in Section 6-15-1 NMSA 1978 with respect to the proposed issuance of general obligation bonds. The local government division of the department of finance and administration shall apply the procedures set forth in Section 6-15-2 NMSA 1978 to the proposed issuance of general obligation bonds by the special hospital district. History: 1978 Comp., § 4-48A-12, enacted by Laws 1978, ch. 29, § 12.
NM Stat § 4-48A-13 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-13 - Bonds; form; interest; maturities.

A. General obligation bonds issued by a special hospital district shall mature not more than twenty years from their date and be numbered from one upwards consecutively. Interest on all such bonds shall be payable either annually or semiannually, as provided by resolution of the board of trustees; provided, that the first installment of interest coming due may be for any period of time which shall not exceed one year from the date of the bonds. B. The resolution authorizing the bonds may provide for the creation of a sinking fund to secure payment of principal and interest on the bonds and may provide for mandatory annual payments to be made to the sinking fund from the taxes levied and collected pursuant to Section 14 [4-48A-14 NMSA 1978] of the Special Hospital District Act. C. The board of trustees shall designate the maximum coupon rate of interest the general obligation bonds shall bear, which shall not be in excess of the maximum coupon rate which is permitted by the Public Securities Act [6-14-1 to 6-14-3 NMSA 1978] as hereafter amended, and shall designate the maximum net effective interest rate which shall not exceed the maximum permitted by the Public Securities Act as hereafter amended. D. The procedure which shall be followed by the board of trustees for the sale of general obligation bonds shall be the same as that set forth in Section 6-15-5 NMSA 1978 for other political subdivisions. History: 1978 Comp., § 4-48A-13, enacted by Laws 1978, ch. 29, § 13.
NM Stat § 4-48A-14 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-14 - Imposition of tax for payment of bonds.

A. The officials now or hereafter charged by law with the duty of levying ad valorem taxes for the payment of bonds and interest shall, in the manner provided by law, make an annual levy sufficient to meet the annual or semiannual payments of principal and interest on the maturing general obligation bonds or the refunding bonds or the mandatory sinking fund payments, if such fund is created by the board of trustees. B. The provisions of Subsection A of this section shall not be construed as to prevent the special hospital district from applying any other funds that it may have or investment income actually received from sinking fund investments and available for that purpose to the payment of the interest on or the principal of, or any prior redemption premium in connection with, such bonds as the same become due; and upon such payments, the levy or levies provided in this section may thereupon to that extent be diminished. History: 1978 Comp., § 4-48A-14, enacted by Laws 1978, ch. 29, § 14.
NM Stat § 4-48A-15 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-15 - Refunding bonds.

A. The board of trustees may issue bonds in such form as the board of trustees may determine for the purpose of refunding any of the general obligation bonded indebtedness of the special hospital district which has or may hereafter become due and payable, or which has or may hereafter become payable at the option of the special hospital district or by consent of the bondholder, or by any lawful means. B. The procedures set forth in Sections 6-15-12 through 6-15-22 NMSA 1978 shall govern the board of trustees with respect to the issuance, sale and payment of principal and interest on refunding bonds of the special hospital district. History: 1978 Comp., § 4-48A-15, enacted by Laws 1978, ch. 29, § 15; 1983, ch. 265, § 16.
NM Stat § 4-48A-17 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-17 - Election procedures.

All elections of the special hospital district, unless otherwise provided in the Special Hospital District Act, shall be called, conducted and canvassed pursuant to the Local Election Act [Chapter 1, Article 22 NMSA 1978]. History: 1978 Comp., § 4-48A-17, enacted by Laws 1978, ch. 29, § 17; 1981, ch. 84, § 9; 2018, ch. 79, § 71. ANNOTATIONSCross references. — For manner of conducting school district elections, see 1-22-1 NMSA 1978 et seq. The 2018 amendment, effective July 1, 2018, removed certain election procedures for elections held pursuant to the Special Hospital District Act and provided that all elections of the special hospital district, unless otherwise provided in the Special Hospital District Act shall be called, conducted, and canvassed pursuant o the Local Election Act; deleted Subsection A, which provided for notice of an election held pursuant to the Special Hospital District Act; deleted subsection designation "B." and Subsection C, which related to the costs of elections conducted by the special hospital district, and in former Subsection B, after "conducted and canvassed", deleted "in substantially the same manner as school district elections are called, conducted and canvassed. The board of trustees shall be the canvassing board for such elections" and added "pursuant to the Local Election Act".
NM Stat § 4-48A-18 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-18 - Dissolution of the special hospital district.

A special hospital district shall be dissolved in the following manner: A. there shall be submitted a petition for dissolution to the board of county commissioners signed by at least ten percent of the qualified electors residing within the district or, in the case of a special hospital district composed of all or portions of two or more counties, at least ten percent of the qualified electors residing in any subdistrict of the special hospital district. Upon receipt of a proper petition, the board of county commissioners shall call a special election for the purpose of referring to the qualified electors residing in the district or subdistrict the question of dissolution; B. if the board of county commissioners finds that a majority of the qualified electors voting on the issue at the special election have authorized the dissolution, the board of trustees shall proceed with the approved plan. Upon completion of the plan, the board of trustees shall submit a full report to the board of county commissioners of each county in which the special hospital district is located; and C. upon receipt of the final report of the board of trustees, the board or boards of county commissioners shall examine the report to determine whether or not any outstanding obligations still exist and whether the terms of the approved plan have been accomplished. If, upon determination by the board or boards of county commissioners, no obligations are yet outstanding and the provisions of the plan have been fulfilled, they shall formally declare the special hospital district dissolved. History: 1978 Comp., § 4-48A-18, enacted by Laws 1978, ch. 29, § 18; 1981, ch. 84, § 10.
NM Stat § 4-48A-20 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-20 - Hospital revenue bonds; authority to issue; pledge of revenues.

A. A special hospital district may issue revenue bonds pursuant to the Special Hospital District Act for the purposes of: (1) constructing, acquiring or purchasing a hospital facility for the special hospital district; (2) equipping, furnishing, remodeling or renovating a hospital facility owned or operated by the special hospital district; or (3) purchasing or acquiring real property deemed necessary to the construction, operation or maintenance of a hospital facility owned or operated by the special hospital district. B. The special hospital district may pledge irrevocably all or a portion of the revenues derived from the ownership and operation of a hospital facility and revenues derived from the leasing of or other contractual arrangement for the operation of a hospital facility for the payment of principal of and interest on such revenue bonds. C. For the purpose of the Special Hospital District Act, "equipping" or "re-equipping" means the purchase or lease of property of a character subject to the allowance for depreciation under the Internal Revenue Code of 1954 § 167 and regulations promulgated thereunder, as amended. History: 1978 Comp., § 4-48A-20, enacted by Laws 1981, ch. 84, § 11. ANNOTATIONSCross references. — For the provision concerning depreciation in the Internal Revenue Code, see 26 U.S.C.S. § 167.
NM Stat § 4-48A-21 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-21 - Use of proceeds of bond issue.

It is unlawful to divert, use or expend any money received from the issuance of bonds for any purpose other than the purpose for which the bonds were issued; provided, however, that bond proceeds may be used for reserves and to pay the costs of issuance. History: 1978 Comp., § 4-48A-21, enacted by Laws 1981, ch. 84, § 12.
NM Stat § 4-48A-22 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-22 - Revenue bonds; terms.

Special hospital district revenue bonds: A. shall bear interest payable annually or semiannually and may or may not be evidenced by coupons; provided, the first interest payment date may be for interest accruing for any period not exceeding one year; B. may be subject to a prior redemption at the option of the special hospital district at such time or times, and upon such terms and conditions, with or without the payment of such premium or premiums, as may be provided by resolution; C. may mature at any time or times not exceeding thirty years after the date of issuance; D. may be serial in form and maturity or may consist of one bond payable at one time or in installments or may be in any other form as may be provided in the resolution authorizing the bonds; E. shall be sold for cash at, above or below par and at a price which results in a net effective interest rate which does not exceed the maximum permitted by the Public Securities Act [6-14-1 to 6-14-3 NMSA 1978]; and F. may be sold at public or private sale. History: 1978 Comp., § 4-48A-22, enacted by Laws 1981, ch. 84, § 13; 1983, ch. 265, § 17.
NM Stat § 4-48A-23 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-23 - Resolution authorizing revenue bonds.

At a regular or special meeting called for the purpose of issuing revenue bonds as authorized pursuant to the Special Hospital District Act, the board of trustees may adopt a resolution that: A. declares the necessity for issuing revenue bonds; B. authorizes the issuance of revenue bonds by an affirmative vote of a majority of all the members of the board of trustees of the special hospital district; or C. designates the source of the pledge [pledged] revenues. History: 1978 Comp., § 4-48A-23, enacted by Laws 1981, ch. 84, § 14. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 4-48A-24 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-24 - Revenue bonds not general obligations of special hospital district.

Revenue bonds issued by a special hospital district under the authority of the Special Hospital District Act shall not be construed or held to be general obligations of such special hospital district or the counties in which the special hospital district is located and shall be collectible only out of all or a portion of the revenues derived from the ownership and operation of a hospital facility and the revenues derived from the leasing of or other contractual arrangement for the operation of a hospital facility which revenue is so pledged, and each of the bonds of any issue or revenue bonds so issued shall recite on its face that it is payable and collectible solely from the pledged revenues hereinbefore mentioned and that the holders hereof may not look to any general or other fund for the payment of principal or interest of such obligations. History: 1978 Comp., § 4-48A-24, enacted by Laws 1981, ch. 84, § 15.
NM Stat § 4-48A-25 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-25 - Revenue bonds; security.

A. The principal of and interest on any revenue bonds issued under the authority of the Special Hospital District Act shall be secured by a pledge of the revenues out of which such bonds shall be made payable, and may be secured by a mortgage covering all or any part of the hospital facility from which the revenues so pledged may be derived. B. The resolution and proceedings under which such revenue bonds are authorized to be issued or any such mortgage may contain any agreement and provisions customarily contained in instruments securing bonds, including, without limiting the generality of the foregoing, provisions respecting the designation and collection of revenues from a hospital facility covered by such proceedings or mortgage, the maintenance and insurance of such hospital facility, the creation and maintenance of special funds derived from the revenues relating to such hospital facility and the rights and remedies available in the event of default to the bondholders or to the trustee under a mortgage, all as the board of trustees of the special hospital district shall deem advisable and as shall not be in conflict with the provisions of the Special Hospital District Act. History: 1978 Comp., § 4-48A-25, enacted by Laws 1981, ch. 84, § 16.
NM Stat § 4-48A-26 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-26 - Revenue bonds; exemption from taxation.

The revenue bonds issued under authority of the Special Hospital District Act and the income from said bonds, all mortgages or other security instruments executed as security for such bonds, shall be exempt from all taxation by the state or any subdivision thereof. History: 1978 Comp., § 4-48A-26, enacted by Laws 1981, ch. 84, § 17.
NM Stat § 4-48A-27 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 48A - Special Hospital Districts|Section 4-48A-27 - Election not required.

The Special Hospital District Act shall not be construed to require an election by the voters of a special hospital district prior to the issuance of revenue bonds hereunder by the special hospital district. History: 1978 Comp., § 4-48A-27, enacted by Laws 1981, ch. 84, § 18.