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2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 273 - State Lands Generally
Section 273.300 - Issuance of deed.
Universal Citation: OR Rev Stat § 273.300 (2019)
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 to 327.480. [Formerly 273.150; 1969 c.594 §23]
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