Oregon Statutes - Chapter 307 - Property Subject to Taxation; Exemptions - Section 307.022 - Status of limited liability companies owned by nonprofit corporations.

For purposes of the property tax laws of this state, a limited liability company that is wholly owned by one or more nonprofit corporations shall be an entity that qualifies for an exemption or special assessment if and to the extent that all of the nonprofit corporation owners of the limited liability company would qualify for the exemption or special assessment. [2005 c.688 §2]

Section:  Previous  307.010  307.020  307.022  307.030  307.032  307.035  307.040  307.050  307.060  307.065  307.070  307.080  307.090  307.092  307.095  Next

Last modified: August 7, 2008