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19 U.S.C. § 81aDefinitions

submitted 92 years ago by ch. 590 to r/title-19-CUSTOMS-DUTIES · 229 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section defines the key terms used in the foreign-trade zone law — who the "Secretary" and "Board" are, what counts as a "State" or "corporation," and other roles like "applicant" and "grantee."

This section defines terms used throughout the foreign-trade zone chapter. (a) "Secretary" means the Secretary of Commerce. (b) "Board" means the Board created to carry out this chapter. It is made up of the Secretary of Commerce, who chairs it and runs it day to day, and the Secretary of the Treasury. (c) "State" includes any state, plus the District of Columbia and Puerto Rico. (d) "Corporation" means either a public corporation or a private corporation, as those terms are defined below. (e) "Public corporation" means a state, one of its political subdivisions, a municipality, a public agency of any of those, or a corporate arm run by one or more states. (f) "Private corporation" means any corporation, other than a public one, that is organized to establish, operate, and maintain a foreign-trade zone, and that was chartered under a special law passed after June 18, 1934, by the state where it will operate the zone. (g) "Applicant" means a corporation applying for the right to establish, operate, and maintain a foreign-trade zone. (h) "Grantee" means a corporation that has already been given that right. (i) "Zone" means a "foreign-trade zone" as this chapter provides.
the actual law source: uscode.house.gov ↗public domain

When used in this chapter—

(a)

The term “Secretary” means the Secretary of Commerce;

(b)

The term “Board” means the Board which is established to carry out the provisions of this chapter. The Board shall consist of the Secretary of Commerce, who shall be chairman and executive officer of the Board, and the Secretary of the Treasury;

(c)

The term “State” includes any State, the District of Columbia, and Puerto Rico;

(d)

The term “corporation” means a public corporation and a private corporation, as defined in this chapter;

(e)

The term “public corporation” means a State, political subdivision thereof, a municipality, a public agency of a State, political subdivision thereof, or municipality, or a corporate municipal instrumentality of one or more States;

(f)

The term “private corporation” means any corporation (other than a public corporation) which is organized for the purpose of establishing, operating, and maintaining a foreign-trade zone and which is chartered under special Act enacted after June 18, 1934, of the State or States within which it is to operate such zone;

(g)

The term “applicant” means a corporation applying for the right to establish, operate, and maintain a foreign-trade zone;

(h)

The term “grantee” means a corporation to which the privilege of establishing, operating, and maintaining a foreign-trade zone has been granted;

(i)

The term “zone” means a “foreign-trade zone” as provided in this chapter.

Source credit: (June 18, 1934, ch. 590, § 1, 48 Stat. 998; Pub. L. 104–201, div. A, title IX, § 910, Sept. 23, 1996, 110 Stat. 2621.)

history & why it existsrecord from the source credit
  • 1934Enacted · Act of June 18, 1934, ch. 590 · 48 Stat. 998
  • 1996Amended · Pub. L. 104-201 · 110 Stat. 2621

A history note hasn’t been published yet. The record shows enactment by ch. 590 on 1934-06-18.

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