Oregon — State Statute

Oregon Revised Statutes Chapter 271 § 271.300 — to 271.360, except that it may be exchanged for property that is of

Oregon Revised Statutes Chapter 271 ·
Oregon Code § 271.300 · Enacted · Last updated March 01, 2026
Statute Text
to 271.360, except that it may be exchanged for property that is of equal or superior useful value for public use. Any such property not immediately needed for public use may be leased if, in the discretion of the governing body having control of the property, the property will not be needed for public use within the period of the lease. (5) The authority to lease property granted by this section includes authority to lease property not owned or controlled by the political subdivision at the time of entering into the lease. A lease under this subsection shall be conditioned upon the subsequent acquisition of the interest covered by the lease. [Amended by 1955 c.755 §1; 1961 c.136 §1; 1979 c.284 §127; 1981 c.787 §27; 1985 c.443 §5; 1999 c.559 §2; 2011 c.446 §1; 2013 c.781 §32]
Plain English Explanation
This Oregon statute addresses to 271.360, except that it may be exchanged for property that is of . AI-powered analysis coming soon.
Key Points
Frequently Asked Questions
This section of Oregon law addresses to 271.360, except that it may be exchanged for property that is of . Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 271.300. Use this format in legal documents and court filings.
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