37.27 MS 1981 Supp [Repealed, 1982 c 625 s 16] 37.27 FAIR FOUNDATION.
The State Agricultural Society may establish a nonprofit corporation to be operated exclusively for charitable purposes as contemplated by sections 170(c)(2) and 501(c)(3) of the United States Internal Revenue Code. Subject to those sections, the corporation must be organized and operated exclusively for the benefit and to carry out the purposes of the State Agricultural Society for so long as the State Agricultural Society is and remains an organization as described in section 509(a)(1) or 509(a)(2) of the Internal Revenue Code. The corporation shall solicit, receive, hold, invest, and contribute funds and property for the use and benefit of the State Agricultural Society in a manner consistent with the public good and primarily for capital expenditures and other needs not funded by other means. The corporation may be known as the Minnesota State Fair Foundation.
2001 c 85 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.