The Department of State Lands shall require applicants for the purchase of submersible lands to pay in full for such lands at the time of purchase. Applicants for the purchase of school, agricultural college, university, swamp or indemnity lands shall make payments at such times, and with such interest for deferred payments as the department may prescribe. However, the obligation may not be allowed to stand for a longer period than five years after the date of issuance of the certificate under ORS 273.285. [Formerly 273.100; 1969 c.594 §22]
Section: Previous 273.260 273.261 273.265 273.270 273.271 273.275 273.280 273.281 273.285 273.290 273.295 273.300 273.305 273.306 273.310 NextLast modified: August 7, 2008