Or. Admin. Code § 141-071-0545

Current through Register Vol. 63, No. 12, December 1, 2024
Section 141-071-0545 - Competitive Bidding

Upon a determination that mineral rights lying near a discovery site are not leased or subject to application under OAR 141-071-0535 or 141-071-0485, the Division may offer one or more parcels not exceeding 640 acres each for competitive bidding, by sealed bids or at oral public auction, to the bidder offering the highest bonus in addition to the minimum annual rental.

Or. Admin. Code § 141-071-0545

LB 44, f. & ef. 8-16-77

Stat. Auth.: ORS 273

Stats. Implemented: ORS 273 .780 - ORS 273 .790