Oregon Statutes - Chapter 274 - Submersible and Submerged Lands - Section 274.800 - Bonds.

Sufficient bonding requirements, as determined by the Department of Geology and Mineral Industries, shall be specified to secure to the State of Oregon performance and the faithful compliance by the lessee with the terms of the lease, and further to secure adjacent landowners and the public generally as to all proper claims for damages arising from operations thereunder. [1961 c.619 §14]

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Last modified: August 7, 2008