N.M. Stat. § 3-18-29

Current through 2024, ch. 69

Section 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.

NMS § 3-18-29

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