Or. Admin. Code § 150-321-0620 - Common Ownership of Small Tract Forestlands

(1) For purposes of ORS 321.700(1), "Direct ownership" means ownership of forestland by one or more individuals or control of property rights in forestland granted under a real estate contract, trust or other written agreement.

(2) "Majority interest" means an interest greater than 50 percent.

Notes

Or. Admin. Code § 150-321-0620

REV 6-2003, f. & cert. ef. 12-31-03; Renumbered from OL 2003, Ch 454, Sec. 1(1) by REV 4-2004, f. 7-30-04 cert. ef. 7-31-04; Renumbered from 150-321.700(1), REV 71-2016, f. 8-15-16, cert. ef. 9/1/2016; REV 17-2018, minor correction filed 08/31/2018, effective 8/31/2018

Statutory/Other Authority: ORS 305.100

Statutes/Other Implemented: ORS 321.700