Oregon Statutes 757.818 – Oregon Community Power created
(1) Oregon Community Power is created as a public corporation. Oregon Community Power shall exercise and carry out all powers, rights and privileges that are conferred upon Oregon Community Power under ORS § 757.812 to 757.950.
Terms Used In Oregon Statutes 757.818
- 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.
- Oversight: Committee review of the activities of a Federal agency or program.
(2) Oregon Community Power is created as a public corporation in order to carry out public services in sectors of the economy in which activities or services are also provided by private enterprise. Oregon Community Power is granted all needed operating flexibility under ORS § 757.812 to 757.950 in order to ensure the success of Oregon Community Power while retaining principles of public accountability and oversight.
(3) The primary mission of Oregon Community Power is to provide reliable, low-cost electricity to electricity consumers in the service territory in which Oregon Community Power undertakes to provide electricity service. [2007 c.807 § 3]
See note under 757.812.
[1985 c.550 § 6a; 1987 c.302 § 1; renumbered 759.025 in 1989]