§ 51132. Private Land; Pre-existing Uses
§ 51132 TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION § 51132. Private Land; Pre-existing Uses. Nothing in this Act shall be construed as imposing any restraint on the use of private land within any Economic Incentive Districts by persons other than a FTZ licensee. Private land within an Economic Incentive District shall be eligible, how- ever, for all benefits of the FTZ, and when receiving such benefits or leased or otherwise used by a FTZ licensee shall be subject to all conditions on such benefits or imposed by or with respect to the FTZ license. Preexisting uses of land on the date the land becomes part of a FTZ shall not be affected by inclusion of the land within the FTZ except to the extent the benefits of this Act are subsequently sought with respect to the land or the land is subsequently leased or used by a FTZ licen- see. Source: PL 12-20, § 12, modified; amended by PL 24-05, § 3 (July 22, 2025), modified. Commission Comment: The Commission inserted the word “a” in the sec- ond sentence above after “Private land within.”
Source: CNMI Law Revision Commission