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154.80.110 Establishment of foreign trade zone -- Application for authorized -- Organization under KRS Chapters 271B and 273 not prohibited.

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154.80-110 Establishment of foreign trade zone -- Application for authorized -- Organization under KRS Chapters 271B and 273 not prohibited. (1) The cabinet may make application to the proper federal authorities for the establishment of a foreign trade zone wherever and whenever such a zone is <br>desirable. KRS 65.510 to 65.530, KRS 139.483, KRS 154.80-100, and KRS <br>154.80-110 to 154.80-130 will constitute legislative authority and approval of such <br>applications, as required by federal law. (2) Nothing contained in this section shall be construed to prohibit any corporation organized under KRS Chapters 271B and 273 from being organized and chartered <br>for the purposes of establishing, operating, and maintaining a foreign trade zone <br>within this state pursuant to KRS 271B.18-060. (3) As used in this section, &quot;foreign trade zone&quot; means such a zone authorized by 19 U.S.C. sec. 81. Effective: July 14, 1992 <br>History: Amended 1992 Ky. Acts ch. 105, sec. 37, effective July 14, 1992. -- Amended 1984 Ky. Acts ch. 305, sec. 1, effective July 13, 1984. -- Created 1966 Ky. Acts <br>ch. 64, sec. 9. Formerly codified as KRS 154.330