Alqanoni

Civil Transactions Law

Art. 243
Status unknownSaudi ArabiaRegulation

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

The assignor is not bound to warrant the debtor’s solvency, unless there is a specific agreement thereon. If the assignor warrants the solvency of the debtor, such warrant shall only cover solvency at the time of making the assignment, unless agreed otherwise.

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

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