Oregon Code § 311.870·Enacted ·Last updated March 01, 2026
Statute Text
Characterization of prepaid taxes.
Moneys received by a taxing unit pursuant to an agreement entered into under
ORS 311.850 to 311.870 shall be considered a budget resource and shall not be
offset against the levy of the taxing unit. [1975 c.563 §5]
PENALTIES
Plain English Explanation
This Oregon statute addresses Characterization of prepaid taxes. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 311.870
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Characterization of prepaid taxes. Read the full statute text above for details.
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The formal citation is Oregon Code § 311.870. Use this format in legal documents and court filings.
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