The district board of agriculture may provide for a fair or exhibition by the agricultural association of the industries and industrial products in the agricultural district, at such time and place as the board may deem advisable, but:
1. No district fair shall be held in any of the districts at the same time as the state fair; and
2. The State shall in no event be liable for any premium offered, or award, or for any debt contracted by any district board of agriculture or agricultural association.