Towarzystwo Przyjaciół Zagłębia DąbrowskiegoAssociation

Manner of representation

1. Each member of the management board acting independently is authorised to represent the Association, whereas two members of the management board acting jointly, including the treasurer and the President or Vice-President, are authorised to incur financial obligations, including entering into agreements and granting attorneys-in-fact authority. 2. The management board may grant the treasurer and the President authority to independently make current purchases up to a specified amount established by a resolution of the management board.