OAR 141-071-0580: Forfeiture of Competitive Bid Leases

Edition: Current OARD snapshotEffective: 1977-08-16Last verified: 2026-09-07

If a successful bidder fails to execute the lease or otherwise fails to comply with these rules, his deposit will be forfeited and the bidding unit will be reoffered for competitive leasing.

Official history and status

Statutory/Other Authority: ORS 273

Statutes/Other Implemented: ORS 273.780 - 273.790

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

This rule cites

No citations extracted.

Cited by

No inbound citations found.

Official source: https://secure.sos.state.or.us/oard/