Chapter 273 — State Lands Generally
ORS 273.370 Alternative to refund
If the Department of State Lands finds that the property erroneously conveyed has been identified generally as private property, as evidenced by the inclusion of the property on the assessment rolls of the county in which it is located for a period of 20 years or more immediately preceding, the department may refund to the grantee an amount not to exceed any of the following values:
The current fair market value of the property erroneously conveyed;
The amount of the most recently issued title insurance policy carried on the property, if such a title insurance policy has been issued regularly; or
The estimated current value to the department of the indemnity selection rights reconveyed to the state.
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Provenance
2025 Oregon Revised Statutes — official online source
Official online edition
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- oregonlegislature.gov
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source