Stowarzyszenie Inicjatyw SpołecznychAssociation

Manner of representation

The management board is authorised to acquire, dispose of and encumber property and to dispose of the association’s funds. The President and each Vice-President, or a member of the management board authorised by the President, is authorised to submit declarations of will in property matters of the association. The signatures of two members of the management board acting jointly are required to conclude agreements, grant powers of attorney and submit other declarations of will in the association’s property matters whose value exceeds PLN 10,000.00 (ten thousand zloty) or the equivalent of that amount in other currencies.