Section 440.400 - Expenditure and accounting of district funds(1) Except as otherwise provided by subsections (3) and (4) of this section, all moneys of a health district shall be deposited in accordance with ORS 295.001 to 295.108, as designated by the district board. Moneys shall be withdrawn or paid out only when previously ordered by resolution or vote of the board, and upon checks signed as provided by subsection (2) of this section. Receipts or vouchers, showing clearly the nature and items covered by each check drawn, shall be kept on file.(2) Except for checks issued in accordance with subsection (3) of this section, checks of a district shall be signed:(a) By the treasurer and countersigned by the chairperson, or in the absence or inability of the chairperson to act, by the secretary; or(b) By an administrative employee of the district designated by the board of directors, and countersigned by a director of the district.(3) The district board may, by resolution:(a) Set aside specified amounts from moneys available for operating the district hospital facility; and(b) Delegate to an administrative officer of the district in charge of the hospital facility the authority to approve specified claims for expenses previously authorized by the board and to issue and sign checks in payment thereof.(4) Moneys of a health district may be invested as provided by ORS 294.035 and 294.040.Amended by 2019 Ch. 587,§ 40, eff. 1/1/2020.Formerly 441.365; 1983 c.699 §3; 2001 c.215 §7