Fundacja Integracji Środowisk Nasze Dzieci I MamyFoundation

Manner of representation

In the case of a one-person management board of the foundation, that member of the management board of the foundation makes declarations of will on behalf of the foundation. In the case of a multi-member management board of the foundation, each member of the management board of the foundation has the right to represent the foundation independently in matters of ordinary management. In matters exceeding ordinary management, the foundation is represented by two members of the management board of the foundation acting jointly. Disposal of a right or incurring an obligation to render a performance (in the case of periodic performances, their value covers obligations on an annual basis) with a value exceeding PLN 5,000 constitutes a matter exceeding ordinary management.