US Lawyer Database

Section 530.061 – Surety deposit required of successful purchaser.

The State Forester may require the successful purchaser at a forest products sale to provide a surety bond, cash deposit, assignment of surety, irrevocable letters of credit or other securities as determined acceptable by the State Forester for the purpose of securing performance by the purchaser. The required amount of a bond, deposit, assignment, letter […]

Section 528.160

[Amended by 1953 c.326 §10; 1959 c.496 §17; renumbered 321.340]

Section 530.065 – Modifying timber sale contracts.

(1) During the period of a timber sale contract made under ORS 530.059, either party may propose to change or modify the terms of the contract if unforeseen circumstances develop. As used in this subsection, “unforeseen circumstances” means acts of nature or other unforeseen circumstances or conditions that: (a) Affect the nature or scope of […]

Section 528.190

[Amended by 1953 c.326 §10; 1959 c.496 §18; 1961 c.533 §56; renumbered 321.355]

Section 530.005 – Definitions for ORS 530.010 to 530.170 and 530.210 to 530.280.

As used in ORS 530.010 to 530.170 and 530.210 to 530.280: (1) “Bond-related costs” means: (a) The costs and expenses of issuing, administering and maintaining bonds, including but not limited to paying principal and interest, and premiums if any, on general obligation or revenue bonds, redeeming general obligation or revenue bonds, paying amounts due in […]