LegalFix
Sign In

Section 757.855 - Funding of preliminary activities and negotiations.

OR Rev Stat § 757.855 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a) The appropriateness or desirability of an acquisition described in ORS 757.812 to 757.950;

(b) The requirements and terms of the acquisition; and

(c) Any due diligence activities related to the acquisition and the negotiations for the acquisition.

(2) Notwithstanding any other provision of law, the commission may increase the rates of an incumbent utility in order to recover the costs incurred in negotiating an acquisition by an acquisition review committee under ORS 757.814 (4).

(3) Notwithstanding any other provision of law, the commission may assess a fee on an incumbent utility in order to fund the transfer described in subsection (1) of this section. [2007 c.807 §12]

Note: See note under 757.812.

Previous Section
Section 757.852 - Acquisition of incumbent utility; use of eminent domain.
Next Section
Section 757.857 - Oregon Community Power Utility Acquisition Fund.