Oregon — State Statute

Oregon Revised Statutes Chapter 381 § 381.720 — Real

Oregon Revised Statutes Chapter 381 ·
Oregon Code § 381.720 · Enacted · Last updated March 01, 2026
Statute Text
Real property. (1) A commission may finance, refinance, acquire or otherwise assume control of, by purchase, lease, donation or other means, real property or personal property, structures, property rights, franchises, easements or other property interests, whether situated within the State of Oregon or the State of Washington, as the board deems necessary or incidental to the purposes of the commission. (2) The commission may exercise the power of eminent domain to acquire by condemnation any property, structures, property rights, franchises, easements or other property interests situated within the State of Oregon or the State of Washington as the board deems necessary or incidental to the purposes of the commission, subject to the applicable laws described in ORS 381.745 (3). Property owned or held by a state or a local government may not be taken by the commission without the prior consent of the state or local government. [2022 c.7 §7]
Plain English Explanation
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Key Points
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This section of Oregon law addresses Real . 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 § 381.720. Use this format in legal documents and court filings.
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