- (1) Except as provided in subsection (2), when issuing a new certificate of recordation or when renewing an existing certificate of recordation, the department may establish or adjust the expiration date of the certificate as the department considers necessary to ensure that an approximately equal number of certificates will expire in each year of a four-year cycle.
- (2) Every certificate of recordation must have at least one expiration date in each four-year cycle.
Statutory/Other Authority
ORS 561
Statutes/Other Implemented
ORS 604.027(1) & 604.027(2)
History
DOA 32-2003, f. & cert. ef. 9-12-03
DOA 27-2003(Temp), f. & cert. ef. 8-4-03 thru 11-1-03