KRS 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 w herever and whenever such a zone is

desirable. KRS 65.510 to 65.530, KRS 139.483, KRS 154.80 -100, and KRS

154.80-110 to 154.80-130 will constitute legislative authority and approval of such

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

for the purposes of establishing, operating, and maintaining a foreign trade zone

within this state pursuant to KRS 271B.18-060.

(3) As used in this section, "foreign trade zone" means such a zone authorized by 19

U.S.C. sec. 81.