Or. Admin. Code § 860-027-0016

Current through Register Vol. 63, No. 11, November 1, 2024

Section 860-027-0016 - Accounting for Director's Fees

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.

Or. Admin. Code § 860-027-0016

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

Stat. Auth.: ORS 183, ORS 756, ORS 757 & ORS 759

Stats. Implemented: ORS 757.110 & ORS 759.115