Oregon § 757.405 Power to regulate issuance of utility securities

Oregon Statutes

§ 757.405 — Power to regulate issuance of utility securities

Oregon § 757.405

Vol.19

Title 57Utility Regulation

Ch. 757Utility Regulation Generally

This text of Oregon § 757.405 (Power to regulate issuance of utility securities) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 757.405 (2026).

Text

The power of public utilities to issue stocks and bonds, notes and other evidences of indebtedness and to create liens on their property situated within this state is a special privilege, the right of supervision, regulation, restriction and control of which is and shall continue to be vested in the state. Such power shall be exercised as provided by law and under such rules and regulations as the Public Utility Commission may prescribe.

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The power of public utilities to issue stocks and bonds, notes and other evidences of indebtedness and to create liens on their property situated within this state is a special privilege, the right of supervision, regulation, restriction and control of which is and shall continue to be vested in the state. Such power shall be exercised as provided by law and under such rules and regulations as the Public Utility Commission may prescribe.