Moneys of a district may be deposited in accordance with ORS 295.001 to 295.108 and as designated by the superintendent of the district in consultation with the advisory board. Moneys deposited may be withdrawn or paid out only upon a proper order and warrant or upon a check signed by the superintendent. The order shall:
(1) Specify the name of the person to whom the moneys are to be paid;
(2) Specify the fund from which the moneys are to be paid;
(3) State generally the purpose for which the moneys are to be paid; and
(4) Be entered in the record of proceedings of landowner meetings.