Alqanoni

Civil Transactions Law

Art. 605
Status unknownSaudi ArabiaRegulation

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

1. If a debtor or a surety makes a valid assignment of all or part of the debt covered by the suretyship to another person, the debtor and the surety shall be discharged to the extent of such assignment. 2. If an assignment provides for the discharge of only the surety, he shall be discharged to the exclusion of the debtor.

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

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