Civil Transactions Law
Art. 263Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. If the person paying the debt subrogates a creditor, the rights of the creditor
shall be transferred to him, including the modalities, attached rights, and
securities of the debt as well as the defenses asserted. Such subrogation
shall be limited to the paid debt.
2. If subrogation is limited to a part of the debt, the creditor shall have priority
over the person paying the debt in satisfying the remainder of the debt,
unless agreed otherwise.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded