On the subsidiary board of directors’ power to make changes (Section 33 Paragraph 2 PSG)
Edition | 2015/09 - Anniversary Edition - 10 years of ZFS |
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Title | On the subsidiary board of directors’ power to make changes (Section 33 Paragraph 2 PSG) |
Magazine | Austria |
Autor(en) |
Short description
At the same time, a discussion of the change in the Supreme Court’s jurisprudence through decision 6 Ob 198/13f of October 9, 2014
According to Section 33 Paragraph 2 PSG, the foundation declaration can generally be changed by the founder himself after the creation of the private foundation, if he has reserved the right to change. However, if this is not possible or desired, there is the possibility of a change by the foundation board. under the conditions discussed below