Alqanoni

Civil Transactions Law

Art. 252
Status unknownSaudi ArabiaRegulation

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

The securities of an assigned debt shall subsist; this shall not, however, apply to securities provided by third parties. Solidary debtors shall remain liable after deducting the assignor’s share from the debt.

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

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