Civil Transactions Law
Art. 281Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The debtor may set off the amount of a debt payable to his creditor by any
amount the creditor owes the debtor even if the cause of each debt is different,
provided that the subject of each debt is cash or fungibles of the same type and
nature and that both debts are not disputed, may be claimed in court, and may
be subject to attachment.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded