Civil Transactions Law
Art. 579Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A suretyship contract shall be concluded between a surety and a creditor.
The creditor’s silence in the face of a surety offer shall constitute acceptance
thereof.
2. The debtor’s acceptance is not a condition for the conclusion of the
suretyship contract. It may also be concluded without the debtor’s knowledge
and despite his objection.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded