(a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.

(b) Any private corporation organized under the laws of the state subsequent to September 15, 1935, for the purpose of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.

Terms Used In California Government Code 6302

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18

(Amended by Stats. 2017, Ch. 13, Sec. 3. (AB 1727) Effective January 1, 2018.)

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