Stowarzyszenie Klub Sportowy Real Varsovia CfAssociation

Manner of representation

Towards third parties, the Association is represented and incurs financial liabilities jointly through two members of the Association’s management board; however, liabilities incurred on behalf of the Association up to PLN 1,000 per month may be incurred by each member of the Association’s management board independently. For the validity of all credit, insurance and loan agreements, in particular those concluded with banks, insurers and other financial organisations, the joint representation of the Association by two members of the Association’s management board is required.