If the mandataire général referred to in article L. 362-1 is a natural person, he must have his domicile and reside on French territory. He must be vested with sufficient powers by the company concerned to bind it in relation to third parties and to represent it in relation to the French authorities and courts. He must meet the requirements of competence and good repute mentioned in article L. 322-2.
If the authorised agent referred to in Article L. 362-1 is a legal entity, its registered office must be established on French territory and the natural person appointed to represent it must satisfy the conditions set out in the previous paragraph and, in this capacity, assume responsibility for the performance by the authorised agent of the obligations incumbent upon it.
This article applies to the general agent of Lloyd’s of London.