OAR 150-315-0016: Change of Ownership

Edition: Current OARD snapshotEffective: 2016-09-01Last verified: 2026-09-07

If there is a change of ownership between when the project is completed and when the forest is established, only the initial owner (investor) will qualify for the total credit. If the forest is not established, the initial owner must repay the initial credit. The new owner does not qualify for any credit for the project the initial owner started.

Official history and status

Statutory/Other Authority: ORS 305.100

Statutes/Other Implemented: ORS 315.104

History: Renumbered from 150-315.104(5), REV 45-2016, f. 8-12-16, cert. ef. 9-1-16 RD 7-1993, f. 12-30-93, cert. ef. 12-31-93, Renumbered from 150-316.094(6) TC 8-1980, f. 11-28-80, cert. ef. 12-31-80

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