Missouri § 262.261 - State fair escrow fund created, use of moneys.
Full text of Missouri Revised Statutes of Missouri § 262.261 — State fair escrow fund created, use of moneys., with citation guidance and answers to common questions.
§ 262.261. State fair escrow fund created, use of moneys.
1. The "State Fair Escrow Fund" is hereby created. Such fund shall be held and maintained by the state fair commission. All ticket sales income pertaining to the Missouri state fair grandstand shows, arena events, and carnival rides shall be deposited into the state fair escrow fund. The fund may receive moneys for specific event purposes, including both off-season and fair events. Such fund may receive gifts, grants, contributions, and funds or benefits from any other source or sources, such as sponsorships and auction proceeds. The money in the state fair escrow fund may be used for paying entertainers, carnival contractors, workers, and other event promoters and may include expenses and equipment.
2. The state fair escrow fund shall be established and operated by the state fair in a separate account and under the direct control of the state fair director and the state fair commission. The provisions of section 30.170 to the contrary notwithstanding, the money in the state fair escrow fund shall be retained outside the control of the state treasury. The provisions of section 33.080 to the contrary notwithstanding, the money in the state fair escrow fund shall be retained for the purposes specified in this section and shall not revert or be transferred to general revenue. The state fair shall keep accurate records of the source of money deposited in the state fair escrow fund and shall allocate funds for the appropriate expenditures.
3. The unexpended balance in the state fair escrow fund at the end of each calendar year shall not exceed the preceding year's expenditures as they are described in subsection 1 of this section.
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(L. 2007 H.B. 428)
---- end of effective 28 Aug 2007 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 262.261
What does Revised Statutes of Missouri § 262.261 cover?
Section 262.261 ("State fair escrow fund created, use of moneys.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 262.261?
A common citation format is "Revised Statutes of Missouri § 262.261" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 262.261 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.