Oregon Administrative Rules
Chapter 141 - DEPARTMENT OF STATE LANDS
Division 71 - ONSHORE MINERALS PROSPECTING AND LEASING RULES
Section 141-071-0545 - Competitive Bidding
Universal Citation: OR Admin Rules 141-071-0545
Current through Register Vol. 63, No. 9, September 1, 2024
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.
Stat. Auth.: ORS 273
Stats. Implemented: ORS 273 .780 - ORS 273 .790
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