ORS 348.597

(2) ORS 348.594 to 348.615 do not apply to: (a) An Oregon community college; (b) A public university listed in ORS 352.002; (c) The Oregon Health and Science University; (d) A school, or a separately accredited campus of a school, if the school: (A) Is a nonprofit school that is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code; (B) Conferred degrees in this state under the same control for at least five consecutive years; and (C) Is accredited by a regional accrediting association or its national successor; (e) A school that, on July 14, 2005, was a school that met the criteria and followed procedures to obtain a religious exemption adopted by rule by the Oregon Student Access Commission and that offered only degrees with approved titles in theology or religious occupations; or (f) A school that is exempt from ORS 348.594 to 348.615 under ORS 348.604.

(3) The Higher Education Coordinating Commission shall issue a separate license to issue degrees to each school that meets the requirements for exemption from evaluation by the office set forth in subsection (2)(d) of this section. The license shall remain in effect if the school continues to meet the requirements of subsection (2)(d) of this section.