Except as limited by ORS § 270.020 and 273.225 to 273.241 and 274.040, and as in its judgment the interests of the state demand, the Department of State Lands:

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(1) Shall fix the price at which all classes of state lands may be sold and the interest to be charged on deferred payments therefor under ORS § 273.281, and may provide for the advertisement and sale of such lands to the highest bidder in a manner consistent with ORS § 270.020 and 273.225 to 273.241.

(2) May at any time withdraw any or all of such lands from sale. [Formerly 273.050]

[Renumbered 273.905]