Oregon Code § 307.400·Enacted ·Last updated March 01, 2026
Statute Text
Inventory.
Items
of tangible personal property consisting of inventory, including but not
limited to materials, supplies, containers, goods in process, finished goods
and other personal property owned by or in possession of the taxpayer, that are
or will become part of the stock in trade of the taxpayer held for sale in the
ordinary course of business, are exempt from ad valorem property taxation. [Formerly
310.608; 1983 c.600 §2; 1987 c.691 §2; part renumbered 307.402 in 1991; 1995
c.379 §1; 1997 c.325 §22; 2001 c.753 §12]
(Beverage Containers)
Plain English Explanation
This Oregon statute addresses Inventory. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.400
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Inventory. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 307.400. Use this format in legal documents and court filings.
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