The president, secretary or authorized agents of a society within 120 days after the close of their event, or June 30, whichever occurs first, shall make out and transmit to the director of agriculture at his office, a statement of the transactions of the society for the preceding year, and giving a full detail of the receipts and expenditures thereof, with a list of the premiums awarded, and to whom, and for what purpose.
MCL 453.238