Texas Business and Commerce Code 681.175 – Saturn Trade Zone Corporation
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Business and Commerce Code 681.175
- 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 Saturn Trade Zone Corporation, a corporation organized under the laws of this state, may apply for and accept a grant of authority to establish, operate, and maintain:
(1) a foreign trade zone at the location designated by General Motors Corporation in this state for the Saturn automobile production facility; and
(2) other subzones.