Oregon Statutes 757.812 – Definitions for ORS 757.812 to 757.950
As used in ORS § 757.812 to 757.950:
Terms Used In Oregon Statutes 757.812
- 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.
(1) ‘Board’ means the board of directors of Oregon Community Power.
(2) ‘Incumbent utility’ means an investor-owned utility that is the subject of a transaction described in ORS § 757.814.
(3) ‘Investor-owned utility’ means a utility that sells electricity and that is operated by a corporation with shareholders.
(4) ‘Rate’ has the meaning given that term in ORS § 756.010.
(5) ‘Service’ has the meaning given that term in ORS § 756.010.
(6) ‘Service territory’ means the geographic area within which a utility provides electricity to customers. [2007 c.807 § 1]
757.812 to 757.954 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 757 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
(Acquisition Review Committee)