8 Ill. Adm. Code 260.505
Eligibility
Section 260
Section 260.505 Eligibility
a) A fair association or agricultural society shall be eligible
to participate in the Fair and Exposition Fund in lieu of participating in the
Agricultural Premium Fund in accordance with Sections 17 and 18 of the Act.
The fair and exposition participant shall file by January 1 with the Bureau a
letter indicating its election to participate in the Fair and Exposition Fund.
b) A fair and exposition authority shall be eligible to
participate in the Fair and Exposition Fund in accordance with Sections 18 and
19 of the Act.
c) In accordance with Section 17 of the Act, agricultural fairs
or agricultural societies that have been participating in the Fair and
Exposition Fund and elect to participate in the Agricultural Premium Fund are
not eligible for participation in the rehabilitation fund until the next fiscal
year.
d) All
fair associations or agricultural societies participating in the Fair and
Exposition Fund shall operate and conduct the premium portion of their county
fair in accordance with Sections 260.5, 260.10(b), (c) and (d), 260.30, 260.35,
260.40(a), (b) and (c), 260.45, 260.50, 260.55, 260.60, 260.80, 260.85, 260.95
and 260.117 of this Part.