Alqanoni

Civil Transactions Law

Art. 601
Status unknownSaudi ArabiaRegulation

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

The debtor shall notify the surety of any reason that entails the termination or invalidation of the debt. If the debtor fails to do so and the surety pays the debt on the maturity date, the surety shall have the right of recourse against the debtor, without prejudice to the surety’s right to have recourse against the creditor in accordance with the provisions of this Law.

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

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