Or. Admin. Code § 629-032-0010

Current through Register Vol. 63, No. 12, December 1, 2024

Section 629-032-0010 - Default - Future Bidding

(1) The provisions of OAR 629-032-0000 to 629-032-0070 are in addition to, not in lieu of, any other remedies the Board of Forestry may have against a defaulting purchaser.

(2) Except where the purchaser posts security as provided in OAR 629-032-0040, or except as may be otherwise provided in these rules, any purchaser of timber from Board of Forestry lands who defaults on a contract with the forester shall not thereafter be allowed to bid on any Board of Forestry timber sale including the resale of the defaulted contract, until purchaser reimburses State for all damages and expenses incurred as a result of the default. This prohibition shall apply to the purchaser's assignee, agent or anyone else acting in the purchaser's behalf.

(3) In the case of a contract for the sale of timber which includes both Board of Forestry lands and other state lands managed by the forester, this rule shall apply only if the timber on the Board of Forestry lands predominates in value.

Or. Admin. Code § 629-032-0010

FB 4-1987, f. & ef. 9-8-87

Stat. Auth.: ORS 526 & ORS 530

Stats. Implemented: ORS 526.041, ORS 526.046 & ORS 530.059