(1) The commission may inquire into the management, books of account and systems employed, of each municipal corporation, and of each department thereof within its respective county.

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Terms Used In Oregon Statutes 294.670

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(2) Notwithstanding ORS § 294.495 (2), the commission may prescribe such rules and regulations as are considered proper to effectually carry out the purposes of ORS § 294.305 to 294.705. In any case where rules adopted pursuant to this subsection conflict with rules adopted by the Department of Revenue, rules adopted by the department shall prevail. [Amended by 1975 c.669 § 1]