1. There may be multiple managers for the company, and the powers of each shall be determined in the company contract, a separate contract, or any subsequent agreement. Each manager shall be bound by the powers conferred thereupon and shall not encroach upon the powers of the other managers. 2. If there are multiple managers and the powers of each are not specified, and it is not stipulated that they shall act jointly, each may individually perform any act of management, provided that the others have the right to object to the act before completion thereof. In this case, the decision of the majority of the managers shall prevail. If the opinions are equal, the matter shall be referred to the partners for determination, and their decision shall be final. 3. If it is agreed that the decisions of the company's managers shall be taken unanimously or by majority, no departure from such agreement shall be permitted, except in urgent matters where failure to act would result in a serious loss that the company cannot compensate.
Interpretation and application must be checked against the official text and current version.