Alqanoni

Civil Transactions Law

Art. 528
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. Partnership contracts provided for in this Chapter shall be made in writing; otherwise, they shall be deemed null and void. A contracting party may not invoke nullity of the contract against a third party; nullity shall have no effect on the contracting parties, unless one of the parties petitions the court for nullity of the partnership contract. In such case, the contract shall be deemed null and void from the date of filing the lawsuit. 2. The provision of paragraph (1) of this Article shall apply to any amendment to the partnership contracts provided for in this Chapter. Civil Transactions Law Section 1: Company Contract Subsection 1: Establishing a Company Contract

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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