37.13 OWNERSHIP OF MONEY AND PROPERTY; CAPITAL IMPROVEMENTS.
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Subd. 2.[Repealed,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]
History: (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