1. For the purpose of encouraging the development of the agricultural, horticultural, mechanical, mineral, livestock production and all other industrial interests of the state of Missouri, there is hereby established a state fair, to be held annually at Sedalia, Missouri, and on the state fairgrounds heretofore conveyed by deeds of conveyance to the state of Missouri and hereafter to be acquired by the state of Missouri as herein provided; and the fair shall be under the control and management of the state fair commission. The commission may lease or purchase such lands, suitable for the use of the state fair, as may be deemed by the commission necessary and proper for such purposes and subject to legislative approval.

2. The purchase of lands by the commission shall be on behalf of the state of Missouri at such terms as the commission may deem fair and reasonable, and a deed or deeds shall be taken therefor to the state of Missouri.

Terms Used In Missouri Laws 262.220

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • hereafter: means the time after the statute containing it takes effect. See Missouri Laws 1.020
  • Heretofore: means any time previous to the day when the statute containing it takes effect. See Missouri Laws 1.020
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
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