2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 18 Powers of Municipalities
Section 3-18-29 Foreign-trade zones.

NM Stat § 3-18-29 (2015) What's This?

3-18-29. [Foreign-trade zones.]

The governing body of any municipality, pursuant to the federal Foreign-Trade Zones Act, as may be amended from time to time, and regulations adopted pursuant thereto, may:

A. with the prior written approval of the board of economic development, apply for and accept a grant of authority to establish, operate and maintain a foreign-trade zone;

B. provide such facilities and services as may be necessary or desirable in establishing a foreign-trade zone; and

C. exercise such other powers as may be necessary or desirable to establish, operate and maintain a foreign-trade zone.

History: 1953 Comp., 14-17-25, enacted by Laws 1973, ch. 48, 1.

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