2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 49.5. Foreign-trade Zones
Section 7-49.5-103. Definitions.
As used in this article, unless the context otherwise requires:
"Act" means the congressional act commonly known as the "Foreign-trade Zones Actof 1934", 19 U.S.C. sec. 81.
"Corporation" means a public corporation or a private corporation.
"Foreign merchandise" means merchandise of any class that would be subject toUnited States customs law if and when entered into United States customs territory.
"Foreign-trade zone" means a foreign-trade zone established under a grant of privilege from the foreign-trade zones board, as defined in the act, and includes foreign-trade subzones as designated by the United States department of commerce.
"Private corporation" means any corporation (other than a public corporation) formedfor the purpose of establishing, operating, and maintaining a foreign-trade zone in the state of Colorado under this article, in accordance with the act.
"Public corporation" means the state of Colorado, any political subdivision, municipality, or city and county thereof, any public agency of the state of Colorado, any political subdivision, municipality, or city and county thereof, or any corporate municipal instrumentality of the state of Colorado or of the state of Colorado and one or more other states.
Source: L. 80: Entire article added, p. 447, § 1, effective March 26. L. 2003: (3) and (5) amended, p. 2211, § 37, effective July 1, 2004.
Cross references: For additional definitions applicable to this article, see § 7-90-102.
