Directors’ fees paid by an energy or large telecommunications utility to members of its board of directors, who are also paid as officers of the energy or large telecommunications utility, shall not be recognized as a charge to operating expenses in Oregon.

Statutory/Other Authority

ORS 183, 756, 757 & 759

Statutes/Other Implemented

ORS 757.110 & 759.115

History

PUC 16-2001, f. & cert. ef. 6-21-01
PUC 9-1998, f. & cert. ef. 4-28-98
PUC 164, f. 4-18-74, ef. 5-11-74 (Order No. 74-307)