Texas Business and Commerce Code 681.158 – City of Del Rio or Designee
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Terms Used In Texas Business and Commerce Code 681.158
- 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.
The City of Del Rio, or a nonprofit corporation organized under the laws of this state and designated by the City of Del Rio, may apply for and accept a grant of authority to establish, operate, and maintain:
(1) a foreign trade zone in Del Rio, Val Verde County; and
(2) other subzones.