Section 3-18-29 - Foreign-trade zones. - New Mexico Statutes

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.