Colorado § 7-49.5-102 Legislative declaration

Colorado Statutes

§ 7-49.5-102 — Legislative declaration

Colorado § 7-49.5-102

Title 07Corporations

Art.Foreign-trade Zones

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Bluebook

Colo. Rev. Stat. § 7-49.5-102 (2026).

Text

The general assembly hereby finds and declares that it is in the best interests of the state of Colorado to maintain this state's economic and commercial viability in the world of national and international commerce by providing incentives to encourage growth in existing industries and to attract new industry. To that end, foreign-trade zones are established, operated, and maintained pursuant to a grant of privilege from the foreign-trade zones board upon proper application in accordance with the Foreign-trade Zones Act of 1934, 19 U.S.C. sec.

81.This article is enacted to allow designated corporations, including the city and county of Denver, to make application for such grant of the privilege to establish such a foreign-trade zone in Colorado.

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The general assembly hereby finds and
declares that it is in the best interests of the state of Colorado to maintain this
state's economic and commercial viability in the world of national and international
commerce by providing incentives to encourage growth in existing industries and to
attract new industry. To that end, foreign-trade zones are established, operated,
and maintained pursuant to a grant of privilege from the foreign-trade zones board
upon proper application in accordance with the Foreign-trade Zones Act of 1934,
19 U.S.C. sec. 81. This article is enacted to allow designated corporations, including
the city and county of Denver, to make application for such grant of the privilege to
establish such a foreign-trade zone in Colorado.