Oregon § 759.320 Application of ORS 759.315

Oregon Statutes

§ 759.320 — Application of ORS 759.315

Oregon § 759.320

Vol.19

Title 57Utility Regulation

Ch. 759Telecommunications Utility Regulation

This text of Oregon § 759.320 (Application of ORS 759.315) 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. § 759.320 (2026).

Text

ORS 759.315 does not apply to the issuance, renewal or assumption of liability on any evidence of indebtedness when such issuance, renewal or assumption is for the purpose of acquiring specific real or personal property, if the aggregate principal amount thereof, together with all other then outstanding evidences of indebtedness issued, renewed or assumed under this section, does not exceed whichever is the greater of the following amounts:

(1)The amount of $75,000.

(2)The amount of one-half of one percent of the sum of:

(a)The total principal amount of all bonds or other securities representing secured indebtedness of the telecommunications utility issued or assumed and then outstanding; and

(b)The capital and surplus as then stated on the books of account of the telecommunications ut

Free access — add to your briefcase to read the full text and ask questions with AI

ORS 759.315 does not apply to the issuance, renewal or assumption of liability on any evidence of indebtedness when such issuance, renewal or assumption is for the purpose of acquiring specific real or personal property, if the aggregate principal amount thereof, together with all other then outstanding evidences of indebtedness issued, renewed or assumed under this section, does not exceed whichever is the greater of the following amounts:
(1) The amount of $75,000.
(2) The amount of one-half of one percent of the sum of:
(a) The total principal amount of all bonds or other securities representing secured indebtedness of the telecommunications utility issued or assumed and then outstanding; and
(b) The capital and surplus as then stated on the books of account of the telecommunications utility.