division of profits and losses among the shareholders article 33
powers associated with the office of the board of directors :
the management body has all powers for the management of the company , without prejudice to the need for specific authorisation of the shareholders meeting in the cases required by law
the representation of the company resides with the chairman of the board of directors
the company can also be represented by directors provided with power of attorney by the board
agents and representative may be appointed for specific deeds or categories or deeds
the signature and legal representation of the company in relation to all the powers and faculties according to law number
on import-export control and transit of military goods and subsequent amendements , reside solely with the directors , general managers or attorneys delegated for the purpose , individually , and residing in itlay.
withdrawal clauses , article 9