N.M. Stat. § 58-23-4
Additional definitions.
As used in the Hospital Equipment Loan Act in connection with refinancing,
renewing, funding, refunding or paying any bonds, "bonds" also means any bond, note,
certificate or other evidence of indebtedness previously issued or incurred by any health
facility, municipality, county, special hospital district or other political subdivision to
refinance, finance or aid in financing property that would have constituted health-related
equipment had it been originally financed by the council.