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:

1. 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;
2. B. provide such facilities and services as may be necessary or desirable in establishing a foreign-trade zone; and
3. 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.

ANNOTATIONS

Cross references. — For county foreign-trade zone regulations, see 4-36-7 NMSA 1978.

For the federal Foreign-Trade Zones Act, see 19 U.S.C. § 81a et seq.