Civil Transactions Law
Art. 598Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. If a surety pays a debt, the creditor shall deliver to him all the documents
necessary to exercise his right of recourse against the debtor.
2. If the surety pays the debt and the debt is secured by an in-kind security, the
creditor shall surrender the security to the surety if it is a movable property;
if, however, the security is a real property, the creditor shall take the
measures necessary to transfer to the surety the rights to the security, and
the cost of said transfer shall be incurred by the surety.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded