Okla. Stat. tit. 2, § 2-15-111: Association may be converted into one with specified

duties, powers and liabilities.

In each county in this state in which there has been established

a county free fair association under the 1937 Free Fair Act, as

amended in 1939, in which county bonds for free fair purposes have

been voted and issued since the effective date of the 1939

amendment, as provided in Sections 15-84 through 15-92 of this

title, the board of directors of the fair association may, by

resolution, if approved by the board of county commissioners,

establish and convert the association into a similar fair

association of the same name with the duties, powers and liabilities

specified by Sections 15-112 through 15-127 of this title.