Alqanoni

Chambers of Commerce Law

Art. 10
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The general assembly of a chamber shall, upon a call by the chairman of the chamber, convene at least once a year within 90 days following the end of the fiscal year. 2. A chamber general assembly may convene at the request of the board of directors or by a request submitted by at least 5% of subscribers to the chairman of the chamber, who shall call for a meeting within a period not exceeding 30 days from the date of submission. 3. The Regulations shall determine the procedures and conditions for general assembly meetings and the exercise of its powers. 4. Electronic means may be used to hold meetings and pass decisions in accordance with the Regulations. Second: Chamber Board of Directors

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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