Fundacja Aktywności Społecznej I Rozwoju Gospodarczego BrasFoundation

Manner of representation

In the case of a one-person management board, the foundation is represented by the President. In the case of a multi-member management board, declarations of will up to the amount of PLN 10,000.00 (ten thousand zloty) on behalf of the management board may be made independently by the President, or independently by the Vice-President, or by each member of the management board together with the President or the Vice-President. In the case of a multi-member management board, declarations of will from the amount of PLN 10,000.00 (ten thousand zloty) on behalf of the management board are made independently by the President without amount limitations, or by the remaining members of the management board together with the President.