All public and private corporations shall have the power to apply to the proper authorities of the U.S. government for a grant, and when such a grant is issued, to establish and operate foreign-trade zones under the provisions of the Foreign-Trade Zone Act of 1934 as amended on March 3, 1976. (Added 1975, No. 148 (Adj. Sess.), § 1, eff. March 3, 1976.)