45-22-27. Foreign trade zones

45-22-27. Foreign trade zones

1. As used in this section, unless the context otherwise requires:

a. "Act of Congress" means the Act of Congress approved June 18, 1934, entitled

an act to provide for the establishment, operation, and maintenance of foreign

trade zones and ports of entry of the United States, to expedite and encourage

foreign commerce and for other purposes, as amended, and commonly known as

the Foreign Trade Zone Act of 1934 [48 Stat. 998; 19 U.S.C. 81a et seq.], as

amended.

b. "Private limited liability partnership" means a domestic limited liability partnership

or foreign limited liability partnership, one of the purposes of which is to establish,

operate, and maintain a foreign trade zone by itself or in conjunction with a public

corporation.

c. "Public corporation" means this state, any political subdivision of this state, any

public agency of this state or any political subdivision of this state, or any

corporate instrumentality of this state.

2. Any private limited liability partnership or public corporation may apply to the proper

authorities of the United States for a grant of the privilege of establishing, operating,

and maintaining foreign trade zones and foreign trade subzones and to do all things

necessary and proper to carry into effect the establishment, operation, and

maintenance of such zones, in accordance with the Act of Congress and other

applicable laws and rules.