OAR 629-022-0250
Life of the Contract

The Loan Program Contract between the Landowner and the Trust must be terminated when:


The Landowner makes full payment described in OAR 629-022-0300 (Repaying Trust Funds); or


A Catastrophe destroys the entire Forest Stand, leaving No Salvage Value; or


Two hundred years, or as otherwise specified in the contract, elapse since the execution of the original contract.

Source: Rule 629-022-0250 — Life of the Contract, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=629-022-0250.

Last Updated

Jun. 8, 2021

Rule 629-022-0250’s source at or​.us