A lease or financing agreement under ORS § 353.380 to 353.420 shall not cause property to be subject to property taxation and shall be disregarded in determining whether property is exempt from taxation under ORS Chapter 307. [1995 c.162 § 21]

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Terms Used In Oregon Statutes 353.420

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

 

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