Oregon Statutes 315.536 – Transferability of credit
A tax credit allowed under ORS § 315.533 may not be sold or transferred, with the exception that tax credits that a partnership, limited liability company, S corporation or other pass-through entity is entitled to claim may be allocated to the partners, members or shareholders of the entity for their direct use in accordance with the provisions of any agreement among the partners, members or shareholders. [2011 c.732 § 5]
Terms Used In Oregon Statutes 315.536
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
See note under 315.526.
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
[Repealed by 1965 c.26 § 6]
SHORT LINE RAILROADS