Oregon Revised Statutes

Or. Rev. Stat. § 757.485 (2026)

Purchase of property or stocks of one utility by another

✓ current as of May 2026

Find cases: SyfertCases citing this section ORSoregonlegislature.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

757.485 Purchase of property or stocks of one utility by another. (1) No public utility shall, directly or indirectly, purchase, acquire or become the owner of any of the stocks or bonds or property utilized for utility purposes and having a value in excess of $10,000 of any other public utility unless authorized so to do by the Public Utility Commission.

(2) Every contract by any public utility for the purchase, acquisition, assignment or transfer to it of any of the stock of any other public utility by or through any person, partnership or corporation without the approval of the commission shall be void and of no effect, and no such transfer or assignment of such stock upon the books of the corporation pursuant to any such contract is effective for any purpose. [Formerly 757.160]

Notes of Decisions

Cited in 1 case, 2000–2000 · leading case: Util. Reform Proj. v. Oregon Pub. Util. Comm'n, 16 P.3d 516 (Or. Ct. App. 2000).

Sort: Relevance Newest Treatment

Util. Reform Proj. v. Oregon Pub. Util. Comm'n, 16 P.3d 516 (Or. Ct. App. 2000). “ORS 757.485 likewise requires Commission approval before a public utility acquires stock in another utility valued in excess of $10,000.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.