1. A. Agricultural Fair Corporations may:

   1. 1. Purchase, hold or lease or otherwise acquire any quantity of land necessary for their proper operation, with such buildings and improvements as may be erected thereon;
   2. 2. Sell, lease, or otherwise dispose of such land, buildings and improvements at their pleasure.

2. B. Real estate must be held for the purpose of erecting buildings and making other improvements thereon, to:

   1. 1. Promote and encourage:

      1. a. agriculture,
      2. b. horticulture,
      3. c. mechanics,
      4. d. manufacturers,
      5. e. stock raising,
      6. f. 4-H clubs,
      7. g. Future Farmers of America,
      8. h. Home Demonstration Clubs,
      9. i. poultry raising,
      10. j. arts,
      11. k. trades,
      12. l. crafts,
      13. m. hobbies,
      14. n. industry,
      15. o. commerce, and
      16. p. the general welfare of the people; and

   2. 2. Cooperate as may be deemed advisable by the Corporation’s Board of Directors with:

      1. a. the state and federal agriculture extension organizations,
      2. b. cooperative marketing associations,
      3. c. livestock and crop improvement associations, and
      4. d. other farm, industrial, commercial or educational organizations .

R.L.1910, § 22; Amended by Laws 1951, p. 1, § 1; Amended by Laws 2001, HB 1378, c. 146, § 146, emerg. eff. April 30, 2001 (superseded document available); Renumbered as 2 O.S. § 31 by Laws 2001, HB 1378, c. 146, § 267, emerg. eff. April 30, 2001.