Advisory board
Optional body of the private foundation with typical consent, control or nomination rights.
In brief
The advisory board is set up in the declaration and freely shaped. For a strong advisory board case law requires that no more than half of the members come from the beneficiary group.
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Legal basis
Statutory texts for orientation; the version in force at the relevant time prevails.
This explanation gives a general overview of Austrian law and does not replace advice in an individual case. The specific circumstances of your foundation are always decisive.
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Address
BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
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