Oregon Revised Statutes Chapter 273 § 273.370 — Alternative to refund
Oregon Revised Statutes Chapter 273 ·
Oregon Code § 273.370·Enacted ·Last updated March 01, 2026
Statute Text
Alternative to refund.
If the Department of State Lands finds that the property erroneously conveyed
has been identified generally as private property, as evidenced by the
inclusion of the property on the assessment rolls of the county in which it is
located for a period of 20 years or more immediately preceding, the department
may refund to the grantee an amount not to exceed any of the following values:
(1) The current
fair market value of the property erroneously conveyed;
(2) The amount of
the most recently issued title insurance policy carried on the property, if
such a title insurance policy has been issued regularly; or
(3) The estimated
current value to the department of the indemnity selection rights reconveyed to
the state. [1967 c.422 §5]
Plain English Explanation
This Oregon statute addresses Alternative to refund. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 273.370
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Alternative to refund. 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 § 273.370. Use this format in legal documents and court filings.
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