Oregon Statutes 274.725 – Scope of leases and permits; persons ineligible
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(1) Any interests in lands, or lands in fee simple, acquired by the Department of State Lands by purchase, donation, lease condemnation or otherwise, may be made available to any lessee of the state for the purposes contained in ORS § 274.705 to 274.860 and upon such terms as may be determined by the department.
Terms Used In Oregon Statutes 274.725
- Department: means the Department of State Lands. See Oregon Statutes 274.005
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) No permit or lease shall be granted to any person then in violation of any laws or rules applicable to ORS § 274.705 to 274.860. [1961 c.619 32, 38,43; 1967 c.421 § 162]
(Geological and Geophysical Surveys)