ORS 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 (Definitions for ORS 295.001 to 295.108) to 295.108 (State Treasurer rules), 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 Moneys shall be withdrawn or paid out only when previously ordered by resolution or vote of the board, and upon checks signed as provided by subsection (2) of this section.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 (Investment of 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; 2019 c.587 §40]

Source: Section 440.400 — Expenditure and accounting of district funds, https://www.­oregonlegislature.­gov/bills_laws/ors/ors440.­html.

See also annotations under ORS 441.365 in permanent edition.

Notes of Decisions

This section is an expenditure and accounting statute and says nothing about types of expenditures a board may lawfully authorize, nor restrict how a board may enter into contracts. Washer v. Clatsop Care and Rehab. District, 304 Or 3, 741 P2d 493 (1987)

Green check means up to date. Up to date

Current through early 2024

§ 440.400’s source at oregon​.gov