Oregon Revised Statutes Chapter 458 § 458.430 — Authority of state to lease property not owned by state
Oregon Revised Statutes Chapter 458 ·
Oregon Code § 458.430·Enacted ·Last updated March 01, 2026
Statute Text
Authority of state to lease property not owned by state.
(1) The authority to lease
property granted by ORS 458.420 includes authority to lease property not owned
or controlled by the state at the time of entering the lease. Such lease shall
be conditioned upon the subsequent acquisition of the interest covered by the
lease.
(2) Any lease of
state real property to be used for the purposes of ORS 458.405 to 458.460
exceeding five years shall be approved in advance by the Oregon Department of
Administrative Services. [1989 c.440 §6]
Plain English Explanation
This Oregon statute addresses Authority of state to lease property not owned by state. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 458.430
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Authority of state to lease property not owned by state. 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 § 458.430. Use this format in legal documents and court filings.
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