There is a newer version of the Oregon Revised Statutes
2015 Oregon Revised Statutes
Volume : 07 - Public Facilities, Finance
Chapter 274 - Submersible and Submerged Lands
Section 274.795 - Rents.
OR Rev Stat § 274.795 (2015) What's This?
The Department of State Lands shall specify a rental payable annually in advance of not less than 50 cents for each acre of land subject to the lease at the rental date. After production has been established, rent paid shall be deducted from any royalty due under the terms of a lease during the year for which such rent has been paid.
[1961 c.619 §13]
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