The earnings of the electric plant or distributing system shall be applied and used in payment of warrants and interest thereon issued in connection with operation of any such plant or system, and also in payment for alterations, improvements, additions or extensions and for redemption and retirement of outstanding bonds, together with interest thereon, and shall be expended only in connection with and for improving such plant or system and not for other municipal purposes, except as otherwise provided in ORS 225.270.
Section: Previous 225.140 225.150 225.160 225.210 225.220 225.230 225.240 225.250 225.260 225.270 225.280 225.290 225.300 225.310 225.320 NextLast modified: August 7, 2008