Civil Transactions Law
Art. 292Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. An obligation shall be extinguished if the creditor discharges the debtor from
the debt. Such discharge shall not be conditional upon the debtor's consent;
if, however, the discharge is rejected by the debtor, the debt shall become
due again.
2. Discharge shall apply only to existing debts, even if not due.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded