"Raise Dead" Spell question

[+1 Dagger]

Regarding the "Raise Dead" spell, the core rules state, "A raised creature has a number of hit points equal to its current hit dice." I interpret this to mean that, if a 4th-level character is raised by virtue of this spell, he or she will be raised with just 3 hit points (having had to suffer a loss of experience level by being raised; thus now, at least temporarily, is a 3rd-level character). Am I correct in this reading of the spell ?

[Solomoriah]

Yup, that's it. The raised character or creature must then heal up to whatever its new maximum is.