Oregon Statutes - Chapter 271 - Use and Disposition of Public Lands Generally; Easements - Section 271.340 - Property valuation in exchange to be equal.

When property is exchanged under the authority of ORS 271.310 to 271.330, the value of the real property accepted by the political subdivision in exchange for any of its property plus cash, if any, shall not be less than the value of the property relinquished. [Amended by 1981 c.787 §30]

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Last modified: August 7, 2008