In lieu of the procedure set out in ORS § 273.360, 273.365 and 273.370, the Department of State Lands may acquire for the use and benefit of the State of Oregon, by purchase or exchange, the interest of any applicant to whom the certificate described in ORS § 273.620 (3) (1965 Replacement Part) has been issued before June 19, 1967, or who acts under ORS § 273.360, 273.365 and 273.370. The price of any such purchase or acquisition shall be paid to such applicant out of the revenues of the Common School Fund, and shall not exceed the market value of the land that otherwise would have been available to the applicant under ORS § 273.620 (1965 Replacement Part). [1967 c.422 § 6]

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[Formerly 184.260; repealed by 1969 c.594 § 63]

[1963 s.s. c.7 § 1; 1969 c.594 § 27; 1991 c.441 § 1; 1993 c.500 § 13; repealed by 2011 c.34 § 1]

[1963 s.s. c.7 § 9; 1969 c.594 § 28; 1977 c.93 § 1; 1991 c.441 § 2; 2001 c.954 § 27; 2002 s.s.2 c.4 § 1; repealed by 2011 c.34 § 1]

[1963 s.s. c.7 § 10; 1977 c.93 § 2; 1991 c.441 § 3; repealed by 2011 c.34 § 1]

[1983 c.677 § 1; 1991 c.441 § 4; repealed by 2011 c.34 § 1]

[1971 c.208 § 1; repealed by 1981 c.787 § 58]

[1981 c.787 § 9; repealed by 1991 c.816 § 24]

[Repealed by 1967 c.421 § 3 (273.031 enacted in lieu of 273.410)]

[1981 c.787 § 10; 1985 c.297 § 1; repealed by 1991 c.816 § 24]

DISPOSITION OF LAND NOT NEEDED FOR PUBLIC PURPOSE