Oregon § 372.430 Withdrawn area not subject to subsequent assessments or taxes

Oregon Statutes

§ 372.430 — Withdrawn area not subject to subsequent assessments or taxes

Oregon § 372.430

Vol.10

Title 31Highways, Roads, Bridges and Ferries

Ch. 372Highway Lighting Districts

This text of Oregon § 372.430 (Withdrawn area not subject to subsequent assessments or taxes) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 372.430 (2026).

Text

The area withdrawn shall, after the date of entry of the withdrawal order, be free from assessments and taxes levied thereafter by the district. However, the withdrawn area shall be taxed for its proportionate share of any indebtedness existing at the time of the order. The proportionate share shall be based on the assessed valuation, according to the assessment roll in the year of the levy, of all property contained in the district immediately prior to the withdrawal.

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The area withdrawn shall, after the date of entry of the withdrawal order, be free from assessments and taxes levied thereafter by the district. However, the withdrawn area shall be taxed for its proportionate share of any indebtedness existing at the time of the order. The proportionate share shall be based on the assessed valuation, according to the assessment roll in the year of the levy, of all property contained in the district immediately prior to the withdrawal.