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Part 4 · Constitution of the stock corporation  ›  Division 1 · Management board › Section 82

Restrictions of the power to represent the company and to conduct its affairs

(1) It is not possible to restrict the power of representation of the management board.

(2) In their relationship to the company, the members of the management board are under obligation to comply with the restrictions on the authority to conduct the company’s affairs that have been established, in the context of creating the provisions governing the stock corporation, in the by-laws, by the supervisory board, the general meeting, as well as by the rules of procedure of the management board and of the supervisory board.

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