Oregon Statutes 273.365 – When refunds not available; source of refunds
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(1) A refund is not available under ORS § 273.356 to 273.375 to any grantee who received from the State Land Board a refund or other settlement with respect to such lands before June 19, 1967, or who may be holding title originally procured or subsequently conveyed by false swearing or fraudulent representation.
Terms Used In Oregon Statutes 273.365
- Board: means the State Land Board. See Oregon Statutes 273.006
- Land: includes water, water rights, easements of every nature and all appurtenances to land. See Oregon Statutes 273.006
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) Each refund under ORS § 273.360 shall be paid to the grantee out of the revenues of the Common School Fund. [1967 c.422 3,4]