Spółdzielnia Socjalna Płomyki Znad Huczwy Tyszowce-CzermnoCooperative

Manner of representation

1. In the case of a one-person management board, declarations of will on behalf of the cooperative are made independently by the President of the Management Board. In the case of a multi-member management board, declarations of will for the cooperative are made by two members of the management board, or by one member of the management board and an attorney-in-fact. 2. The management board may grant one of its members or another person a power of attorney to perform legal acts related to managing the current business operations of the cooperative or of its organisationally and economically separate unit, as well as a power of attorney to perform acts of a specified type or particular acts. Granting this power of attorney does not require the consent of the supervisory board or the general meeting of members. 3. The declarations referred to in paragraph 1 are made by the persons authorised to make them affixing their signatures under the name of the cooperative. 4. A written declaration addressed to the cooperative and submitted at its premises or to a member of the management board or an attorney-in-fact has legal effect vis-à-vis the cooperative.