Oregon Code § 308.545·Enacted ·Last updated March 01, 2026
Statute Text
Mode
of valuing property.
For the purpose of arriving at the amount and character and assessed value of
the property belonging to a company, the Department of Revenue personally may
inspect the property, and may take into consideration the statements filed
under ORS 308.505 to 308.674, the reports, statements or returns of the company
filed in the office of any board, office or commission of this state, or any
county thereof, the earning power of the company, the franchises and special
franchises owned or used by the company, and such other evidence of any kind
that is obtainable bearing thereon. However, no report, statement or return
shall be conclusive upon the department in arriving at the amount and character
and assessed value of the property belonging to the company. [Amended by 1991
c.459 §146; 1997 c.154 §38; 1997 c.541 §206]
Plain English Explanation
This Oregon statute addresses Mode
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 308.545
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Mode
. 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 § 308.545. Use this format in legal documents and court filings.
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