(1) The Legislative Assembly finds and declares it to be in the public interest and for a public purpose that districts, cities, electric cooperatives, and electric utility companies participate as authorized in ORS 261.235 to 261.255 jointly and with other persons to:
- (a) Achieve economies of scale in the generation of electricity;
- (b) Meet the future power needs of this state and its inhabitants; and
- (c) Participate in transactions useful for the development of an efficient system for the transmission and distribution or marketing of electric power and related goods and commodities.
- (2) ORS 261.235 to 261.255 shall be construed liberally to effectuate the purposes set out in subsection (1) of this section.
[1967 c.603 §9; 1999 c.865 §39]