Oregon § 327.465 Cancellation of unpaid taxes after deed to state in liquidation of loan

Oregon Statutes

§ 327.465 — Cancellation of unpaid taxes after deed to state in liquidation of loan

Oregon § 327.465

Vol.9

Title 30Education and Culture

Ch. 327State Financing of Early Learning and Elementary and Secondary Education

This text of Oregon § 327.465 (Cancellation of unpaid taxes after deed to state in liquidation of loan) 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. § 327.465 (2026).

Text

Whenever the Department of State Lands receives a deed to the State of Oregon of lands covered by a mortgage given to secure a loan from the Common School Fund in liquidation of the debt represented by the loan, the department shall send a written notice of the transaction to the county court of the county in which such deeded lands are situated. Upon the receipt of such notice, the county court shall cancel on the county tax records unpaid taxes levied and assessed against such property in that county. This section does not apply to tax liens of irrigation or drainage districts organized prior to the effective date of the lien of the department.

Free access — add to your briefcase to read the full text and ask questions with AI

Whenever the Department of State Lands receives a deed to the State of Oregon of lands covered by a mortgage given to secure a loan from the Common School Fund in liquidation of the debt represented by the loan, the department shall send a written notice of the transaction to the county court of the county in which such deeded lands are situated. Upon the receipt of such notice, the county court shall cancel on the county tax records unpaid taxes levied and assessed against such property in that county. This section does not apply to tax liens of irrigation or drainage districts organized prior to the effective date of the lien of the department.