§ 491.36 — Foreign-trade zone corporation

Iowa § 491.36

• Jurisdiction: Iowa
• Title XII: BUSINESS ENTITIES
• Ch. 491: CORPORATIONS FOR PECUNIARY PROFIT

Text

A domestic corporation may be incorporated or organized under the laws of this state, and
a foreign corporation may be authorized or registered to transact business in this state, for
the purpose of establishing, operating, and maintaining a foreign-trade zone as defined in
19 U.S.C. §81a. The domestic or foreign corporation must maintain its principal place of
business in this state. The domestic or foreign corporation described in this section has all
powers necessary or convenient for applying for a grant of authority to establish, operate,
and maintain a foreign-trade zone under the provisions of 19 U.S.C. §81a, et seq., and rules
promulgated under that law, and for establishing, operating, and maintaining a foreign-trade
zone pursuant to that grant of authority.

Legislative History

[C81, §491.36]