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Texas Vernon's Texas Civil Statutes - Article 1446.01. Foreign Trade Zones; Grants

Legal Research Home > Texas Laws > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Article 1446.01. Foreign Trade Zones; Grants

Art. 1446.01. FOREIGN TRADE ZONES;  GRANTS.  Sec. 1. In this 
Act:            
	(1)  "Eligible corporation" means a corporation organized 
for the purpose of establishing, operating, and maintaining a 
foreign trade zone.
	(2)  "Governmental entity" means the state, a state agency, a 
county, a municipality, a special district, or a combination of 
those entities.
	Sec. 2. An eligible corporation or a governmental entity is 
authorized to apply for and accept a grant to establish, operate, 
and maintain a foreign trade zone and subzones, subject to the 
requirements of federal law and the regulations of the Foreign 
Trade Zones Board, and to take other actions necessary to 
establish, operate, and maintain the foreign trade zone and 
subzones.
	Sec. 3. The eligible corporation or governmental entity 
seeking the grant may select and describe the location of the 
foreign trade zone and subzones.

Acts 1987, 70th Leg., ch. 1105, eff. June 19, 1987.                           

Last modified: August 11, 2007