§ 40-11-104 — Establishment and operation by corporation; conditions and restrictions

(a) Any public or private corporation authorized by this
chapter to make such application and whose application is
granted pursuant to the terms of the act of congress may
establish, operate, and maintain the foreign trade zone:
(i) Subject to the conditions and restrictions of the
act of congress, and any amendments thereto;
(ii) Under such rules and regulations and for the
period of time that may be prescribed by the board established
by the act of congress to carry out the provisions of the act.