(1) ORS § 274.905 to 274.940 do not apply to submersible, submerged or new lands fronting upon the Pacific Ocean.

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(2) Nothing contained in ORS § 274.905 to 274.940 shall divest the State of Oregon of its rights to minerals, oil, gas and sulfur. [1963 c.376 2,9; 1967 c.421 § 176; 2015 c.804 § 2]