Oregon Statutes - Chapter 327 - State Financing of Elementary and Secondary Education - Section 327.475 - When county court may acquire mortgaged lands deeded to state.

Whenever the Department of State Lands receives a deed as described in ORS 327.465, the county court of the county in which the lands are situated may, within one year from the recorded date of such deed, acquire from the state the property so conveyed by paying to the state the total amount of the state’s investment in the property.

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Last modified: August 7, 2008