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

New Mexico Statutes

§ 3-18-29 — [Foreign-trade zones.]

New Mexico § 3-18-29

Ch. 3Municipalities

Art. 18Powers of Municipalities

This text of New Mexico § 3-18-29 ([Foreign-trade zones.]) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 3-18-29 (2026).

Text

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.