Legal

Partnership Resolution of Authority

Resolutions

The Partners to the Partnership resolve, warrant and agree as follows:

Pennsylvania.The designation of an Agent does not create a power of attorney; therefore,  Agents are not subject  to the provisions of 20 Pa.C.S.A. Section 5601 et seq. (Chapter 56; Decedents, Estates and Fiduciaries Code) unless the agency was created by a separate power of attorney. Any provision that assigns Financial Institution rights to act on behalf of any person or entity is not subject to the provisions of 20 Pa.C.S.A. Section 5601 et seq. (Chapter 56;