Oregon Statutes
§ 273.431 — Procedure for determining value of properties to be exchanged
Oregon § 273.431
This text of Oregon § 273.431 (Procedure for determining value of properties to be exchanged) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 273.431 (2026).
Text
(1)The value of the respective properties proposed to be exchanged shall be determined by the state agency, board or commission which has supervision and direction of the department or activity of the state for which such property is held or belongs, and if there be no such agency, board or commission, then by the Department of State Lands. The state agency, board or commission may use an appraised value as one indicia of the value of the property.
(2)The state agency, board or commission shall cause the property to be appraised by one or more competent and experienced appraisers. The compensation, if any, of the appraisers shall be borne equally by the respective owners of the property. In case such valuation shall not be mutually satisfactory to the respective owners the same shall not
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Legislative History
1981 c.787 §14; 1991 c.816 §20
Nearby Sections
15
§ 273.005
§ 273.005§ 273.006
Definitions§ 273.010
§ 273.010§ 273.020
Governor as land commissioner§ 273.030
§ 273.030§ 273.031
State Land Board; seal§ 273.040
§ 273.040§ 273.041
Department of State Lands§ 273.045
Administrative policies; rules§ 273.050
§ 273.050§ 273.060
§ 273.060Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 273.431, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/273.431.