Oregon Code § ORS 377.831

Application for digital billboard permit
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(1) If an outdoor advertising sign being relocated is relocated as a digital billboard or if an outdoor advertising sign being reconstructed is reconstructed as a digital billboard, an applicant for a digital billboard permit under ORS 377.725 shall either remove one existing outdoor advertising sign and retire the permit for that sign or retire one relocation credit. The permit or relocation credit retired must be for signs with a display surface of at least 250 square feet.
(2) Notwithstanding ORS 377.759 and 377.762, an owner that removes an outdoor advertising sign under this section is not entitled to a relocation credit.
(3) The department shall cancel the relocation credits and permits retired under this section upon issuance of a permit to erect a digital billboard.
(4) Two permits for a digital billboard are required to erect a back-to-back or V-type digital billboard.
(5) The first time an owner uses a permit to erect a digital billboard, the permit is not restricted by the provisions of ORS 377.767 (4).
(6) The department shall issue one digital billboard relocation credit for each digital billboard that is removed. A digital billboard relocation credit may be used only to erect a digital billboard and may not be used to erect any other type of outdoor advertising sign.
(7) Except as provided in subsection (5) of this section, an outdoor advertising sign that is being relocated as a digital billboard must meet all requirements of ORS 377.767.

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