Not later than January 1, 1996, the State Land Board shall adopt an asset management plan in accordance with this section to guide management and disposition of real estate under the board’s jurisdiction. The Department of State Lands shall provide a report to each odd-numbered year regular session of the Legislative Assembly on the progress of implementing the asset management plan. The asset management plan required by this section shall provide a schedule for disposition of state lands when the proper disposition, as determined, involves the sale, exchange or transfer of management responsibility from the Department of State Lands to other entities. [1995 c.589 § 7; 2011 c.545 § 35]

Terms Used In Oregon Statutes 273.245

  • Board: means the State Land Board. See Oregon Statutes 273.006
  • Department: means the Department of State Lands. See Oregon Statutes 273.006
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Land: includes water, water rights, easements of every nature and all appurtenances to land. See Oregon Statutes 273.006

 

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