Subdivision 1. Use of money. The state owns all money and other property of the society in the name of the society and there may be no division of its assets among society members. Money received by the society must be used for holding its annual fair and for other exhibitions or expositions the society holds, for the improvement of the fairgrounds, for the payment of expenses, premiums, and purses, for the acquisition of real and personal property, for the use and benefit of the society, and for furnishing attractions and amusements the board of managers considers necessary for the success of its fairs and other exhibitions and expositions.
Subd. 2. [Repealed, 1Sp2003 c 21 art 8 s 20]
(7872) RL s 3084; Ex1957 c 6 s 2; 1965 c 411 s 2; 1985 c 265 art 2 s 1; 2000 c 418 art 1 s 2
Structure Minnesota Statutes
Chapters 17 - 43 — Agriculture
Chapter 37 — State Agricultural Society; State Fair
Section 37.01 — Public Corporation.
Section 37.02 — Budget; Building Restrictions; Exemptions.
Section 37.04 — Board Of Managers.
Section 37.05 — Officers; Compensation; Expenses.
Section 37.06 — Secretary; Legislative Auditor; Duties; Report.
Section 37.07 — Monthly Statements By Secretary; Purchases, Expenditures.
Section 37.13 — Ownership Of Money And Property; Capital Improvements.
Section 37.14 — Management Of Property; General Offices.
Section 37.16 — Rules; Violation.
Section 37.17 — Shows, Exhibitions, Performances, Privileges.
Section 37.18 — Unlicensed Or Improper Exhibition.
Section 37.20 — Special Peace Officers.
Section 37.21 — Sale Of Liquors.
Section 37.22 — Lockup; Seizure Of Liquors.
Section 37.24 — Unlawful Admissions.
Section 37.27 — Fair Foundation.
Section 37.31 — Issuance Of Bonds.
Section 37.32 — Tender Option.
Section 37.34 — Money Of The Society.
Section 37.36 — Purchase And Cancellation By Society.
Section 37.37 — State Pledge Against Impairment Of Contracts.