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

Statutory/Other Authority

ORS 183, 756 & 759

Statutes/Other Implemented

ORS 756.040 & 759.045

History

PUC 15-2001, f. & cert. ef. 6-21-01
PUC 3-1999, f. & cert. ef. 8-10-99, Renumbered from 860-034-0500
PUC 6-1993, f. & cert. ef. 2-19-93 (Order No. 93-185)