The economic interest group shall be administered by one or more natural or corporate persons
provided that in the case of a corporate person, such corporate person shall designate a permanent
representative, who shall incur the same civil and criminal liabilities as if he were a director in
his own name.
Subject to the above, the contract or, failing that, the general meeting of members of the
economic interest group shall freely organize the administration of the group and appoint the
directors whose duties, powers and conditions of dismissal it shall determine.
In relations with third parties, a director shall commit the economic interest group for any act
connected with the object of the group. No limitation of powers may be invoked against third
parties.
Official translation
Spot-checked
In force from 17 April 1997
Source page 191