A.D. 1832 - Fundacja na Rzecz Opieki i Odzyskiwania Narodowych Dóbr Kultury i ArchitekturyFoundation

Manner of representation

For the validity of a resolution, the presence of at least half of the members is required. If a majority is not present, the President of the Management Board has the casting vote. If the meeting is held in the absence of the President of the Management Board, the President may designate another member of the management board to exercise the President’s casting vote and may instruct that member as to how that right is to be exercised. Declarations of will on behalf of the foundation’s management board within the scope of ordinary management up to the amount of PLN 20,000.00 are submitted by one member of the management board or an attorney-in-fact appointed by the management board. Above the stated amount of PLN 20,000.00, declarations of will on behalf of the foundation’s management board are submitted by two members of the management board or by one member of the management board and an attorney-in-fact appointed by the management board. Declarations of will in non-property matters are submitted by one member of the management board or an attorney-in-fact appointed by the management board.