Nieruchomości Smakulska sp.j.

Each of the partners is individually authorized to represent and submit declarations of will on behalf of the company. However, for the following activities: - sale and encumbrance of real estate, - sale and encumbrance of a fixed asset worth over PLN 25,000 (twenty five thousand zlotys), - taking out loans and borrowings in excess of PLN 10,000 (ten thousand zlotys) on the basis of one legal transaction, incurring under one contract of obligations (of a different nature than a loan and loan) with a value exceeding PLN 20,000 (twenty thousand zlotys), - issuing a bill of exchange, a declaration of will by two partners is required.