Civil Transactions Law
Art. 205Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The debtor’s right to the term shall be forfeited if an insolvency judgment is
rendered against him, if he fails to provide the agreed-upon security, or if the
security provided becomes insufficient due to his actions or due to a reason
beyond his control, unless he takes action to supplement such security.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded