Expenditure and accounting of district funds
(1) Except as otherwise provided by subsections (3) and (4) of this section, all money of a health district shall be deposited in one or more depositories, as defined in ORS 295.001 (Definitions for ORS 295.001 to 295.108), as designated by the district board. It shall be withdrawn or paid out only when previously ordered by resolution or vote of the board, and upon checks signed as provided by subsection (2) of this section.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 money 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 (Investment of surplus funds of political subdivisions) and 294.040 (Restriction on investments under ORS 294.035). [Formerly 441.365; 1983 c.699 §3; 2001 c.215 §7]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information