Civil Transactions Law
Art. 541Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A partner shall refrain from retaining for himself any of the company's assets
or using the same for his own benefit; otherwise, he shall be liable to
compensate the other partners for any harm resulting therefrom.
2. If a partner makes a payment to the company out of his own funds or makes
useful expenses due to urgent circumstances, he shall be entitled to recover
such payment or expenses.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded