8 chapters · 335 sections in this title.
ORS 262.005 Definitions for ORS 262.015 to 262.105
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As used in ORS 262.015 to 262.105, unless the context requires otherwise: (1) Electric cooperative means a cooperative corporation owning and operating an electric distribution system. (2) Joint operating agency means an agency organized by three or more cities or peoples ut…
ORS 262.015 Authority for joint operating agency formation; powers
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(1) Any three or more cities or peoples utility districts or combinations thereof, organized under the laws of this state, may form a joint operating agency to plan, acquire, construct, own, operate and otherwise promote the development of utility properties for the generation, …
ORS 262.025 Procedure for joint operating agency formation
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A joint operating agency shall be formed and come into existence by order of the Director of the State Department of Energy in accordance with the following procedures: (1) The legislative body of each city and peoples utility district desiring to form and be a member of a joint…
ORS 262.035 Power of agency to require financial contributions from members restricted; members contracting with agency for services
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(1) A joint operating agency shall not have the right or power to levy taxes or to assess its members for financial contributions. Each member city and district shall have the power to contribute or advance to the joint operating agency, solely out of surplus funds derived from u…
ORS 262.045 Procedure for modification of or withdrawal from agency membership
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(1) After the formation of a joint operating agency, the legislative body of any city or district not a member of the joint operating agency may adopt an ordinance and apply to the joint operating agency for membership. Such an ordinance shall not be effective unless approved by …
ORS 262.055 Management of agency; directors; officers; meetings
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(1) A joint operating agency shall be managed and controlled by a board of directors. The citys utility board, if there is one and if there is no such board, the legislative body of each member city and district shall appoint a representative to serve as a director on the board.…
ORS 262.065 Duties of agency treasurer; disposition of funds; accounting system; reports; audit; appointment and duties of agency manager
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(1) Except as permitted in ORS 262.085, the treasurer shall be custodian of all funds of the joint operating agency and shall pay them out only by order of the board, except as provided in subsection (2) of this section. (2) The board may delegate to the treasurer standing author…
ORS 262.075 Agency as state political subdivision; eminent domain powers; financial transaction powers
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(1) Each joint operating agency shall be a political subdivision of the State of Oregon, and shall be a municipal corporation with the right to sue and be sued in its own name. Except as otherwise provided, a joint operating agency shall have all the powers, rights, privileges an…
ORS 262.085 Authority to issue revenue obligations; procedure; rights and duties created by revenue obligations; interest rate; exemption from state taxation; immunity from personal liability in connection with issuance
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(1) To accomplish any of its corporate purposes, a joint operating agency shall have the power to issue revenue obligations payable from the revenues derived by it from its ownership of, or its participation in or contribution to the ownership or development of, any one or more u…
ORS 262.095 Rates for energy furnished by agency
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The board of directors shall establish rates and collect charges for electric power and energy and related services sold, furnished or supplied by the joint operating agency. Such rates and charges shall be fair, nondiscriminatory and at least adequate to provide revenues suffici…
ORS 262.105 Taxation of agency property in same manner as private power corporations
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All property, real and personal, owned, used, operated or controlled by a joint operating agency for the transmission, production or furnishing of electric power or energy shall be assessed and taxed in the same manner and for the same purposes as similar property owned, used, op…
ORS 262.115 Construction of ORS 262.005 to 262.115 and 308.505; severability
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ORS 262.005 to 262.115 and 308.505 shall be liberally construed to effect its purposes. In the event that any portion of ORS 262.005 to 262.115 and 308.505 is declared invalid or otherwise unenforceable by a court of record, the remaining provisions of ORS 262.005 to 262.115 and …