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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The Department of Agriculture and Commerce shall charge for admission to the State Fair. The proceeds thereof shall be used for the repayment of revenue bonds issued for the purpose of constructing, equipping and furnishing new buildings and making improvements on the State Fairgrounds.
(2) Funds collected in excess of those required to retire any outstanding bond indebtedness may be used as operating revenue for the Department of Agriculture and Commerce for operating and administrative costs associated with the State Fairgrounds, and such excess funds received by the department shall be deposited in a special fund account managed by the department for the benefit of the State Fairgrounds.
(3) The State Treasurer is hereby directed to invest such excess funds to the credit of the special account managed by the department for the benefit of the State Fairgrounds.
Cite this article: FindLaw.com - Mississippi Code Title 69. Agriculture, Horticulture, and Animals § 69-5-11 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-69-agriculture-horticulture-and-animals/ms-code-sect-69-5-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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