Alqanoni

Civil Transactions Law

Art. 206
Status unknownSaudi ArabiaRegulation

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

1. A debt may be paid prior to its maturity date by the party in whose interest the term was set, unless such payment causes harm to the other party. 2. If it is unclear whether the term is in the interest of the debtor or the creditor, it shall be deemed to be in the interest of the debtor. 3. If the debtor pays his debt prior to its maturity date and a third-party right arises over the thing used to pay the debt, the debt shall become deferred again.

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

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