ORS 554.320
Exemption from taxation

The property and income of a corporation organized under the provisions of ORS 554.005 (Filing requirements) to 554.340 (Judicial determination of legality of proceedings), but not for profit, or a corporation organized under ORS 554.380 (Articles of incorporation for corporation formed from dissolved district), shall be exempt from taxation. The property and income of corporations which were incorporated under chapter 172, Oregon Laws 1911, and which amend their articles to state that the corporation shall not operate for profit shall also be exempt from taxation. [Amended by 1993 c.502 §5; 2013 c.284 §9]

Last accessed
May. 15, 2020