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Fla. Stat. § 616.101

Annual review of accounts and records

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2012
As of January 1, 2011
Once each year, a review of the accounts and records of every fair association whose fair has an annual attendance of more than 25,000, based on sound accounting practices and procedures, shall be made by a qualified accountant licensed by the state. A fair association whose fair has an annual attendance of 25,000 or less must submit an annual financial statement that has been signed by an officer of the county. The results of all such reviews shall be kept in the official records of each association, available to all directors of the association. A certified copy of the review shall be filed in the office of the department:
The accounts and records of every fair association whose annual public fair has an annual attendance of more than 25,000 shall be reviewed annually by a qualified accountant licensed by the state. A fair association whose annual public fair has an annual attendance of 25,000 or fewer must submit an annual financial statement that has been signed by an officer of the county. The results of the reviews shall be kept in the official records of each association, available to all directors of the association. A certified copy of the review shall be filed with the department:
(1) On request by the department to certify expenditures of state premium or building funds when there is evidence of violation of state laws; or
(1) On request by the department to certify expenditures of the premiums awarded to exhibitors of a fair or of building funds when there is evidence of violation of state laws; or
(2) When the association is applying for a fair permit.
(2) When the association is applying for a fair permit.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.