Oregon Revised Statutes Chapter 308 § 308.505 — to 308.674 whenever the department discovers or receives credible
Oregon Revised Statutes Chapter 308 ·
Oregon Code § 308.505·Enacted ·Last updated March 01, 2026
Statute Text
to 308.674 whenever the department discovers or receives credible
information that:
(a) The addition
of any building, structure, improvement, machinery, equipment or other asset
was not reported in a statement filed under ORS 308.524;
(b) The cost, as
of the assessment date, of any building, structure, improvement, machinery,
equipment or other asset reported in a return required by the department
exceeds the cost stated in the statement filed under ORS 308.524; or
(c) Any item
listed in ORS 308.525 or under rules adopted to implement ORS 308.525 was
underreported in the statement filed under ORS 308.524.
(3) ORS 308.624
(4) does not apply to the addition of omitted property under subsection (1) of
this section. [2007 c.616 §8]
Plain English Explanation
This Oregon statute addresses to 308.674 whenever the department discovers or receives credible
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 308.505
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses to 308.674 whenever the department discovers or receives credible
. 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 § 308.505. Use this format in legal documents and court filings.
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