Subject to such terms and conditions as the Public Utility Commission may prescribe, the commission, by rule or order, may exempt the following from any or all of the provisions of ORS 757.400 to 757.480, if the commission finds that application of the law is not required by the public interest:
(1) Any stocks and bonds, notes or other evidences of indebtedness and any other security or guarantee or class of securities or guarantees for which commission authorization would otherwise be required prior to the issuance, incurrence or assumption thereof.
(2) Any public utility or class of public utilities. [1997 c.261 §3]
Note: 757.412 was added to and made a part of ORS chapter 757 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.
Section: Previous 757.340 757.345 757.350 757.355 757.400 757.405 757.410 757.412 757.415 757.417 757.419 757.420 757.425 757.430 757.435 NextLast modified: August 7, 2008