A. The board of directors is hereby vested with:

1. Control of the fair;

2. The expenditure of all money levied and collected for the purpose of conducting the fair; and

3. The power and authority to do all acts and things necessary in the conduct of the fair and the management of its fiscal affairs.

B. The board shall prepare an annual budget for the fair, which shall be published according to the law provided for budget publications. The board shall file the annual budget with the county clerk of each of the member counties.

C. 1. The provisions of this section shall also apply to livestock shows, community and district fairs, and other agricultural shows authorized by the board of directors.

2. In counties having a population of more than fifty-five thousand (55,000), according to the 1940 Federal Decennial Census and in and for which county no state fair is provided by statute, it shall be the duty of the board of directors to:

a.hold in addition to the county fair one or more township fairs, and/or district fairs within such county,

b.designate the place and time for holding the fairs, and

c.hold within such county, in addition to the fairs, a junior fat stock show with premiums the same as a fair at an appropriate time during the spring months for the purpose of encouraging the youth of such county in the breeding and feeding of fat hogs, cattle, sheep and other livestock.

Added by Laws 1937, p. 274, § 4. Amended by Laws 1947, p. 2, § 1; Laws 1951, p. 2, § 1; Laws 1965, c. 395, § 4, emerg. eff. July 1, 1965; Laws 2001, c. 146, § 190, emerg. eff. April 30, 2001. Renumbered from § 104d of this title by Laws 2001, c. 146, § 269, emerg. eff. April 30, 2001.