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Panama Foundation Council

The Foundation Council has to administer the assets of the Foundation. In case there are any business arrangements as per the goals of the foundation they are need to manage those aspects. They are also responsible for informing the beneficiaries of the financial status of the Foundation. In case distributions are made to the beneficiaries such matter are also handled by the Council.
It should also be noted that the Council is protected form any losses the Foundation may incur. The Council has to consist of at least three members.

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