If any installment of the purchase price of land, principal or interest, remains unpaid for one year after the same becomes due, the certificate issued under ORS 273.285 shall be canceled by order of the Department of State Lands. All payments thereon shall be forfeited and the land considered vacant and subject to sale as if it had not been previously contracted to be sold. [Formerly 273.130]
Section: Previous 273.265 273.270 273.271 273.275 273.280 273.281 273.285 273.290 273.295 273.300 273.305 273.306 273.310 273.311 273.315 NextLast modified: August 7, 2008