Oregon Statutes - Chapter 225 - Municipal Utilities - Section 225.460 - Policy.

(1) The Legislative Assembly finds and declares it to be in the public interest and for a public purpose that cities, districts, electric cooperatives and electric utility companies participate as authorized in ORS 225.450 to 225.490 jointly and with other persons to:

(a) Achieve economies of scale in the generation of electricity;

(b) Meet the future power needs of this state and its inhabitants; and

(c) Participate in transactions useful for the development of an efficient system for the transmission and distribution or marketing of electric power and related goods and commodities.

(2) ORS 225.450 to 225.490 shall be construed liberally to effectuate the purposes set out in subsection (1) of this section. [1967 c.603 §3; 1999 c.865 §35]

Section:  Previous  225.310  225.320  225.330  225.340  225.350  225.360  225.370  225.380  225.390  225.400  225.450  225.460  225.470  225.480  225.490  Next

Last modified: August 7, 2008