Enacted by Stats. 1967, Ch. 15.
Any money which is received by any association, other than from the sale of real property or pursuant to a lease, easement, or agreement for the extraction of oil or gas from lands owned or controlled by it, shall be retained and used by the association for its:
(a)General use and purposes.
(b)Maintenance.
(c)Membership in livestock registry associations and fair associations.
(d)Support and operation.
(e)Acquisition, installation, maintenance, and operation of recreational and cultural facilities at its fairgrounds.
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