2013 ORS § 274.520¹
Acceptance of deed to lake bed lands as precluding any other claim

Any person who elects to take any deed from the State of Oregon under ORS 274.430 (State ownership of meandered lakes) to 274.520 (Acceptance of deed to lake bed lands as precluding any other claim) to any lands within the meander lines of a lake takes the same in lieu of any claim to any other lands within the meander line of such lake in which such deeded lands lie, and shall not thereafter maintain in any court any claim to any lands inside the meander line of such lake other than to the lands conveyed to such person by deed from the state under ORS 274.430 (State ownership of meandered lakes) to 274.520 (Acceptance of deed to lake bed lands as precluding any other claim) or which such person acquires in good faith from a grantee or purchaser from the State of Oregon under such statutes. [Amended by 1967 c.421 §141]