{"data":{"id":"us-or/ors-261.241","jurisdiction":"us-or","citation":"ORS 261.241","heading":"Membership in electric cooperative or limited liability corporation.","body":"A people’s utility district may become a member of an electric cooperative, or of a limited liability company, for the purposes of planning, financing, constructing, acquiring, operating, owning or maintaining property used for the generation and associated transmission of electricity within or outside this state. A district may not become a stockholder in, or lend the credit of the district to, an electric cooperative or a limited liability company. If a district becomes a member of an electric cooperative or of a limited liability company, the district may not exercise the power of eminent domain for the benefit of the electric cooperative or limited liability company.","path":["07 - Public Facilities and Finance","24. Public Organizations for Community Service","Chapter 261 — People’s Utility Districts"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors261.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:12Z","sha256":"48839852ca3c2f3cb9fd4eeea03fed300e1a5fa969cd875115d19d5642a64473","source_id":"us-or","stale":false,"prev":"us-or/ors-261.240","next":"us-or/ors-261.245"},"notice":"GroundRules: Original legal text. Not legal advice."}