Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 15. CURRENCY AND TRADE |
Subtitle C. TRADE ZONES |
Chapter 681. FOREIGN TRADE ZONES |
Subchapter D. SPECIFIC AUTHORITY FOR CERTAIN FOREIGN TRADE ZONES |
Sec. 681.174. CITY OF SAN ANTONIO OR DESIGNEE
Latest version.
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(a) The City of San Antonio, or a nonprofit corporation organized under the laws of this state and designated by the City of San Antonio, may apply for and accept a grant of authority to establish, operate, and maintain:
(1) a foreign trade zone at or adjacent to any port of entry in Bexar County; and
(2) other subzones.
(b) After a nonprofit corporation has accepted a grant of authority to establish, operate, and maintain a foreign trade zone under this section, the City of San Antonio may not exercise any further control or supervision over the corporation with regard to:
(1) the naming of directors and officers of the corporation; or
(2) the corporation's internal management or organization.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 2.01, eff. April 1, 2009.