Texas Business and Commerce Code 681.052 – General Authority for Eligible Corporation or Governmental Entity
Current as of: 2024 | Check for updates
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(a) An eligible corporation or a governmental entity may:
(1) apply for and accept a grant of authority to establish, operate, and maintain a foreign trade zone and subzones; and
(2) take other actions necessary to establish, operate, and maintain the foreign trade zone and subzones.
(b) An applicant under Subsection (a) may select and describe the location of the foreign trade zone and subzones.
Terms Used In Texas Business and Commerce Code 681.052
- 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.