Or. Rev. Stat. » Oregon Revised Statutes
Oregon Revised Statutes

Or. Rev. Stat. § 307.022 (2026)

Qualification for exemption of property of certain limited liability companies

✓ current as of May 2026
Find cases: SyfertCases citing this section ORSoregonlegislature.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

      307.022 Qualification for exemption of property of certain limited liability companies. For purposes of the property tax laws of this state, the property of a limited liability company qualifies for an exemption from ad valorem property taxation or special assessment:

      (1) If the limited liability company is wholly owned by one or more nonprofit corporations or entities whose property is exempt from taxation under ORS 307.090;

      (2) If the property, if held directly by each of the nonprofit corporation owners of the limited liability company, would qualify for the exemption or special assessment; and

      (3) Only to the least extent that the property would be granted exemption or special assessment in the hands of any of the nonprofit corporation owners of the limited liability company. [2005 c.688 §2; 2017 c.445 §1]

Notes of Decisions
Cited in 2 cases, 2013–2016 · leading case: Life Flight Network LLC v. Deschutes Cnty. Assessor & Dept. of Rev. (Or. T.C. 2016).
Sort: Relevance Newest Treatment
Life Flight Network LLC v. Deschutes Cnty. Assessor & Dept. of Rev. (Or. T.C. 2016). · cites it 17× “) Plaintiff filed for 2014-15 property tax exemption and received a denial letter on May 14, 2015, stating that Plaintiff “does not satisfy the terms of ORS 307.022.” (Compl at 3.) The exemption sought by Plaintiff is under ORS 307.”
Corvallis Nbhd. Hous. Svcs. v. Linn Cty. Assessor, 21 Or. Tax 95 (Or. T.C. 2013). “However, ORS 307.022 provides that where, as here, a limited liability com- pany is owned by a nonprofit corporation, the property of the limited liability company is exempt to the same extent as the property of the nonprofit is exempt, if at all.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.