Composite tag with scripting

Is there a way to create a 'composite tag' with scripting? I have several folders each containing boolean tags relating to the other tags in its respective folder. Can I make a script with a parameter of the path to one of those folders that creates a tag that looks at the value of each of that folder's tags and sets the 'composite tag's' value to the logical OR of the other tags?

Just make an expression tag. If you have many of these, make a UDT. No need for a script, which is good, because expressions are much faster/efficient.

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