2011 ORS § 757.419¹

Limitation on application of ORS 757.480

ORS 757.480 (Approval needed prior to disposal, mortgage or encumbrance of certain operative utility property or consolidation with another public utility) does not apply to any mortgage or other encumbrance upon any real or personal property given to secure payment of any evidence of indebtedness issued under ORS 757.415 (Purposes for which securities and notes may be issued). [1971 c.655 §89]