Statute of the Association

§ 36.

1. Decisions concerning the acquisition, disposal and encumbrance of the Association’s property is undertaken by the Board of Management.
2. Entering into contracts, delegating powers of attorney, issuing other statements of will in the property matters of Association requires the signature of at least two members of the Board of Management, including the President or Treasurer.
3. It is forbidden to:
   1. extend loans, secure obligations by the Association’s property in relation to its members, members of bodies or employees and persons with whom employees are related to by marriage, or family relation in lineal consanguinity or family relation in collateral consanguinity to a second degree, or are connected to by an adoption, custody or tutelage, named further as ‘close persons’,
   2. transfer of the Association's property to members, members of bodies or employees and persons close to them, especially if such transfer is free of cost or on preferential conditions,
   3. benefit by property by members, members of bodies or employees and persons close to them, unless the use of the property follows directly from the statutory aims of the Association,
   4. purchase on special conditions goods or services from bodies of which members of the Association, members of its bodies or employees or persons close to them are a part of.