Oregon — State Statute

Oregon Revised Statutes Chapter 315 § 315.536 — Transferability of credit

Oregon Revised Statutes Chapter 315 ·
Oregon Code § 315.536 · Enacted · Last updated March 01, 2026
Statute Text
Transferability of credit. A tax credit allowed under ORS 315.533 may not be sold or transferred, with the exception that tax credits that a partnership, limited liability company, S corporation or other pass-through entity is entitled to claim may be allocated to the partners, members or shareholders of the entity for their direct use in accordance with the provisions of any agreement among the partners, members or shareholders. [2011 c.732 §5] Note: See note under 315.526.
Plain English Explanation
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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 § 315.536. Use this format in legal documents and court filings.
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