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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Child Care Facility Loan Act:
A. “department” means the early childhood education and care department;
B. “facility” means a child care facility operated by a provider, including both family home-based and center-based programs, licensed by the department to provide care to infants, toddlers and children;
C. “fund” means the child care facility revolving loan fund;
D. “operating capital” means funds needed to meet short-term obligations, such as accounts payable, wages, debt servicing, lease and income tax payments; and
E. “provider” means a person licensed by the department to provide child care to infants, toddlers and children pursuant to Section 9-2A-8 NMSA 1978.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 24. Health and Safety § 24-24-3. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-24-health-and-safety/nm-st-sect-24-24-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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