French representative, of the representative of the Middle French, of the representative, of the participation of the representative in the representation “Legal representative©”. Merriam-Webster.com Legal Dictionary, Merriam-Webster, www.merriam-webster.com/legal/legal%20representative. Retrieved 6 January 2022. Subscribe to America`s largest dictionary and get thousands of other definitions and an advanced search – ad-free! Legal representatives have different titles, depending on the legal form of the company they represent. They are: REPRESENTATION, Scots law. The name of a plea or statement presented to a Lord Ordinary of the Court of Sessions when his judgment is reviewed. In application of the law of filiation and distribution, representation is the principle according to which the deliverance of a deceased person inherits from an estate that he would have taken if he had lived. Start your free trial today and get unlimited access to America`s largest dictionary with: Hello, It seems to me that a manager is necessarily the legal representative of an LLC. The amount of their participation does not affect their powers. Only laws can regulate the extent of their powers (clauses limiting powers). Have a nice day! Sincerely, Thibaut Clermont legal representative ʁə.pʁe.zɑ̃.tɑ̃ le.ɡal man (for a woman we say: legal representative) The legal representative of a company is a person appointed to defend its interests.
It acts in its name and on its behalf. In most cases, she is also responsible for day-to-day operations. Here`s everything you need to know about a company`s legal representative: Who is he? What role does it play? What is it called? By whom is he appointed? Hi, yes, absolutely, an LLC can have multiple representatives called co-managers. They may (or may not) be vested with the same powers, according to what is provided for in the statutes or by a separate act (minutes of the general meeting). A person outside the company may even be appointed as manager, although the status of partner is not essential. Have a nice day. Sincerely, Thibaut Clermont. The appointment of the legal representative must take place at the time of incorporation of the company. It takes place directly in the statutes (method not recommended for practical reasons) or in a separate act (minutes of the general meeting). In some cases, legal appointment is mandatory, especially when setting up an SAS/SASU for example. (n.1) the act of being someone else`s agent. and (2) acting as counsel for a client.
(3) a statement of the facts alleged, either in negotiations or before a court. (See: represent) REPRESENTATION, insurance. Insurance is an ancillary statement, either by a written statement that has not been included in the policy, or by parl, of such facts or circumstances relating to the proposed adventure, which must be communicated to insurers so that they can make a fair estimate of the risk. 2. Insurance, such as a guarantee, may be asserted where the insured person alleges the existence of a fact or circumstance likely to affect the risk; or promissory, as when he engages in the execution of something executable. 3. There is an important difference between insurance and coverage. 4. A warranty, which is a condition under which the contract comes into effect, is always part of the written policy and must appear on the front.
Swamp. Ins. v. 9, para. 2. While a representation is only a matter of ancillary information or information on the subject of the insured trip and is not part of the policy. A guarantee which has the character of a suspensive state must be strictly and literally observed; but it is sufficient that if the statement is essentially true, whether or not a guarantee is material to the risk, the insured should base his claim for compensation on the exact veracity of the claim, if it is asserted, or on the exact satisfaction of that claim if it is performed; However, it is sufficient that a declaration is made without fraud and that it is not incorrect in any material respect, or if it is substantially completed, even if it is not literally. A false warranty avoids the policy, as it constitutes a breach of the condition under which the contract must take effect; and the insurer is not liable for damages that do not result from the breach of coverage; Misrepresentation is not a breach of contract, but if it is material, avoids the policy because of fraud or at least because the insurer was misled by it. Swamp. Insurance. B. 1, c.
10, s. 1; Dougl. R. 247: 4 Bro. C. C. 482. See 2 Caines` R. 155; 1 John. Case 408; 2 Caines` Cas. 173, n.; 3 John.
Case 47; 1. Rep. 288 de Caines; 2 Caines` R. 22; Id. 329; Sugd. Sold. 6; Bouv. Inst. Index, h.t. and concealment; Deformation. The legal representative of a company is usually the person who manages the company (the managing director or senior manager), i.e. the person who takes charge of the day-to-day management; but not always.
The legal representative is responsible for defending the interests of the company and is the main decision-maker. He has the power to sign contracts and bind the company. He can also ensure the actions of the daily life of the company and manage professional assets. Hello. In the case of a SARL with 2 partners, both equal managers, is it conceivable that only one of them is the legal representative? And if not, to have only one legal representative, is it imperative that he is the majority director? Thank you in advance 4 Kommentare zu “The legal representative of a company: definition, appointment and role” It is usually the shareholders who appoint the legal representative of the company they hold. This rule applies, for example, to EURL/SARL and SNCs. The appointment of the Chairman of SASU or SAS does not necessarily require a collective decision of the shareholders. The procedure laid down in the statutes should be followed. Finally, in SA monistes, the Board of Directors is responsible for the appointment of the Chief Executive Officer. In the case of a dual-tier SA, the supervisory board appoints the chairman of the management board. Hello, can an LLC that has two (but not equal) partners have these two partners as legal representatives? For example, the display of a car with a mileage of ten miles represents a representation to a potential buyer that the car was only driven ten miles.
Representation means any express or implied statement by either party to another with respect to a particular fact or circumstance that serves to influence the conclusion of the transaction. Whatever its characteristic, the legal representative of a company always has the same role. He has the widest powers to act in all circumstances in the name and on behalf of the company he represents. Although he is also an officer, his freedom is framed by the statutes, which can limit his powers. In addition, it must always respect the company`s raison d`être. You must – there are over 200,000 words in our free online dictionary, but you`re looking for one that is only included in the full Merriam-Webster dictionary. The legal representative also has obligations towards the company and the partners. It must be responsible for its management and communicate a certain amount of information to the partners in this regard. If he makes mistakes (mismanagement, violation of the articles of association) and these have caused damage to the company or the partners, he may be held civilly liable. Finally, he reveals his criminal responsibility if he commits one or more criminal offences (misuse of company property, etc.). As the name suggests, the legal representative of a company is a person who is responsible for official representation. He has the power to bind them, and his job is to defend their interests.
Any act or conduct that can be converted into a finding of fact.