Fundacja Spokojne JutroFoundation

Manner of representation

For declarations of will in all property and non-property matters, including, among other things, incurring liabilities, entering into agreements, employee matters and granting powers of attorney, on behalf of the foundation, each member of the management board is authorised up to the amount of PLN 20,000. To incur a liability or dispose of the foundation’s assets with a value exceeding PLN 20,000, the management board is required to obtain the consent of the founders, which shall be granted in the form of a resolution adopted by a majority of the founders’ votes.