Alqanoni

Commercial Maritime Law

Art. 187
Status unknownSaudi ArabiaRegulation

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

1. The bill of lading shall be made out in the name of a specified person or to his order, or to the bearer. 2. A named bill of lading may be assigned by following the applicable procedures relating to the transfer of rights. 3. An order bill of lading shall be negotiable by indorsement, and the mere signature of the holder thereon shall constitute an indorsement of the transfer of title. Such indorsement shall be subject to the provisions of the Law of Commercial Papers. A bearer bill of lading shall be negotiable by delivery. 4. A bill of lading may stipulate a restriction on the transfer or negotiation thereof.

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

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