Civil Transactions Law
Art. 519Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the concerned parties agree to place the property under the receivership of
two or more receivers, neither receiver may separately safekeep or manage the
property, nor dispose of its yields without obtaining authorization from the other
receivers.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded