New Mexico § 3-18-29 [Foreign-trade zones.]

New Mexico Statutes

§ 3-18-29 — [Foreign-trade zones.]

New Mexico·Ch. 3 Municipalities·Art. 18 Powers of Municipalities

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.

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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.

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