526.695 Definitions for ORS 526
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/or/ors-chapter-526/forest-resource-trust/526-695·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
526.695 Definitions for ORS 526.695 to 526.775. As used in ORS 526.695 to 526.775, unless the context otherwise requires:
(1)“Contract” means the contract signed by the forestland owner and the State Forester, acting on behalf of the Forest Resource Trust pursuant to ORS 526.705.
(2)“Ecosystem services” means environmental benefits arising from the conservation and management of forestland, including, but not limited to, fish and wildlife habitat, clean water and air, pollination, mitigation of environmental hazards, control of pests and diseases, carbon sequestration, avoidance of carbon dioxide emissions and maintenance of soil productivity.
(3)“Forestland owner” means the individual, corporation, limited liability company, partnership, association, joint stock company, trustee, business trust or unincorporated organization holding fee simple ownership of land capable of producing forest products.
(4)“Forest products” includes, but is not limited to, trees, logs, poles, lumber, chips or pulp that flow from investment of the Forest Resource Trust.
(5)“Forest Resource Trust programs” means the voluntary cost share program established by ORS 526.703, the voluntary loan program established by ORS 526.705 and other programs administered by the State Board of Forestry to further the purposes of the Forest Resource Trust pursuant to ORS 526.695 to 526.775.
(6)“Qualified private or local government forestland owner” means a private or local government forestland owner that qualifies for a specific Forest Resource Trust program, as described in rules adopted by the board. [Formerly 526.735]