Lubelska Fundacja Rozwoju Obszarów WiejskichFoundation

Manner of representation

Declarations of will not exceeding the scope of ordinary management and resulting in the incurring of obligations up to the amount of 10,000 złoty (ten thousand złoty) net may be made by the President of the Management Board, or by the Vice-President of the Management Board authorized by the President of the Management Board, or by the Director of the foundation's office authorized by the President of the Management Board. Other declarations of will on behalf of the foundation are made by two members of the foundation's management board, including the President of the Management Board and the Vice-President of the Management Board authorized by the President, or the Director of the foundation's office authorized by the President of the Management Board.