Civil Transactions Law
Art. 264Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the debtor pays his debts to some of his creditors during his terminal illness
and his estate is not sufficient to pay his debt to the other creditors, said
creditors shall have the right of recourse against those whose debts have been
paid and share with them the received payments in proportion to their
respective shares.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded