(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
(2) ORS 225.450 to 225.490 shall be construed liberally to effectuate the purposes set out in subsection (1) of
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.