Chapter 37 — Public Corporation

37.01 Public Corporation The State Agricultural Society is a public corporation that manages the Minnesota State Fairgrounds. The state owns the … 37.02 Budget; Building Restrictions; Exemptions The State Agricultural Society has special exemptions from some state rules. It does not have to follow certain budget … 37.03 Membership This section explains who can be a member of the State Agricultural Society. Members include delegates from county … 37.04 Board of Managers A board of managers runs the State Agricultural Society. The board has a president and nine members representing … 37.05 Officers; Compensation; Expenses The president of the board of managers receives an annual honorarium of $1,400, and other board members receive $1,000 … 37.06 Secretary; Legislative Auditor; Duties; Report The secretary of the State Agricultural Society must keep records of all meetings, maintain financial accounts, and … 37.07 Monthly Statements by Secretary; Purchases, Expenditures The secretary must prepare a monthly financial statement showing all receipts and expenditures, approved by the … 37.08 This section has been repealed and is no longer in effect. 37.09 This section has been repealed and is no longer in effect. 37.10 This section has been repealed and is no longer in effect. 37.11 This section has been repealed and is no longer in effect. 37.12 This section has been repealed and is no longer in effect. 37.13 Ownership of Money and Property; Capital Improvements All money and property of the State Agricultural Society belongs to the state. The money must be used for running the … 37.14 Management of Property; General Offices The State Agricultural Society has full custody, management, and control of the State Fairgrounds and all buildings on … 37.15 Exhibitions The State Agricultural Society must hold an annual fair on the State Fairgrounds and may invite other states or … 37.16 Rules; Violation The State Agricultural Society can create bylaws, rules, and ordinances for the fairgrounds to protect public health, … 37.17 Shows, Exhibitions, Performances, Privileges The State Agricultural Society can license and regulate shows, performances, and vendors on the fairgrounds. It can … 37.18 Unlicensed or Improper Exhibition Anyone who performs, plays games, or puts on a show at the State Fairgrounds without a license is guilty of a … 37.19 Contracts The State Agricultural Society can enter into contracts in its own name without publicly requesting bids. It can buy, … 37.20 Special Peace Officers The State Agricultural Society can appoint peace officers to enforce laws and rules on the fairgrounds year-round. These … 37.21 Sale of Liquors Selling or possessing alcohol on the State Fairgrounds is generally prohibited and is a misdemeanor. However, the … 37.22 Lockup; Seizure of Liquors The State Agricultural Society can maintain a lockup on the fairgrounds to hold offenders and suspected persons. Peace … 37.23 This section has been repealed and is no longer in effect. 37.24 Unlawful Admissions It is a misdemeanor to steal a State Fair ticket, use a fake ticket, or sell a non-transferable ticket that was issued … 37.25 Misdemeanors During the State Fair or when admission fees are required, it is a misdemeanor to enter the fairgrounds without paying, … 37.26 This section has been repealed and is no longer in effect. 37.27 Fair Foundation The State Agricultural Society may create a nonprofit foundation to raise money for the Society's benefit. The … 37.31 Issuance of Bonds The State Agricultural Society can issue bonds (borrow money) up to $50 million to fund improvements and operations. The … 37.32 Tender Option The State Agricultural Society can issue bonds that give the owner the right to sell them back (tender) at specified … 37.33 Bond Fund The State Agricultural Society can create special reserve funds to secure its bonds. Money in these reserve funds can … 37.34 Money of the Society Authorizes the State Agricultural Society to contract with bondholders regarding custody, collection, investment, and … 37.35 Nonliability Shields individuals from personal liability for the State Agricultural Society's bonds and obligations. 37.36 Purchase and Cancellation by Society Allows the State Agricultural Society to buy back and cancel its own bonds at specified price limits. 37.37 State Pledge Against Impairment of Contracts Contains the state's pledge not to impair the rights of bondholders under bonds issued by the State Agricultural …