State Lands Generally

ORS 273.300
Issuance of deed


Whenever any purchaser of state lands holding a certificate of sale therefor has paid three-fifths or more of the purchase price thereof, the Director of the Department of State Lands may execute a deed conveying the lands to such purchaser, upon the purchaser’s executing:

(1)

A note for the remainder of the purchase price; and

(2)

A mortgage on the premises in the same form and manner as other mortgages are executed for loans from the Common School Fund under ORS 327.405 (Common School Fund) to 327.480 (Use of Common School Fund moneys to comply with judgment canceling fraudulent deed). [Formerly 273.150; 1969 c.594 §23]
Chapter 273

Atty. Gen. Opinions

Requirements of competitive bidding on property valued over $1,000, (1975) Vol 37, p 773; authority of State Land Board to enter into nonprofit water supply corporation, (1978) Vol 38, p 2199

Law Review Citations

4 EL 343, 344 (1984)


Source

Last accessed
Jun. 26, 2021