Oregon Statutes 757.852 – Acquisition of incumbent utility; use of eminent domain
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(1) As soon as practicable after being appointed, the board of directors of Oregon Community Power shall implement the agreement entered into by an acquisition review committee under ORS § 757.814 (4)(b).
Terms Used In Oregon Statutes 757.852
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(2) Notwithstanding ORS § 757.890 (1), Oregon Community Power may not use the power of eminent domain to accomplish all or a part of an acquisition described in subsection (1) of this section unless the incumbent utility or the persons that have the authority to negotiate the disposition of the incumbent utility or the electric utility assets of the incumbent utility consent to the use of eminent domain for acquisition purposes. [2007 c.807 § 11]
See note under 757.812.