Civil Transactions Law
Art. 240Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
An assignment of right may not be effective against the debtor or a third party
unless the debtor accepts such assignment or is notified thereof by any means
prescribed by law. The effectiveness of such assignment against a third party
requires the debtor's written and dated acceptance.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded