1. (1) Any fair association that conducts more than one public fair or exposition during any one calendar year is subject to revocation of its charter by the court granting the charter.
2. (2) Any fair association that does not conduct a public fair or exposition for a period of 3 calendar years shall, upon the recommendation of the department, have its charter revoked by the court granting the charter.

History.--s. 2, ch. 17759, 1937; CGL 1940 Supp. 6526(3); s. 5, ch. 59-166; s. 2, ch. 81-318; ss. 13, 25, 26, ch. 83-239; ss. 19, 44, ch. 93-168.