Okla. Stat. tit. 2, § 2-15-118: Annual exposition, holding of

A. The board of directors shall:

1. Provide for holding annually at the fairgrounds of the

county an agricultural and industrial exposition and fair for the

purpose of exhibiting and displaying resources connected with or

part of agricultural, horticultural, mineral, mechanical, and

industrial development and the raising of livestock not only from

Oklahoma but from any other state or place;

2. Have the power and authority in order to encourage the

exhibiting and displaying of such resources and livestock to offer

and pay suitable premium and awards and to grade and classify all

exhibits entered in competition at such exposition and fair;

3. Have the power and authority to employ all necessary

assistants and provide for the payment of a reasonable salary or

compensation to such employees.

B. If the board of directors decides that it is impractical to

hold an exhibition or fair in any year, the board may postpone the

exhibition or fair to such time as it would be advisable to hold the

exhibition or fair, whether in the same year or a succeeding year.