Oregon Code § 225.250·Enacted ·Last updated March 01, 2026
Statute Text
Application of earnings.
The earnings of the electric plant or distributing system shall be applied and
used in payment of warrants and interest thereon issued in connection with
operation of any such plant or system, and also in payment for alterations,
improvements, additions or extensions and for redemption and retirement of
outstanding bonds, together with interest thereon, and shall be expended only
in connection with and for improving such plant or system and not for other
municipal purposes, except as otherwise provided in ORS 225.270.
Plain English Explanation
This Oregon statute addresses Application of earnings. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 225.250
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Application of earnings. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 225.250. Use this format in legal documents and court filings.
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