Alqanoni

Commercial Maritime Law

Art. 355
Status unknownSaudi ArabiaRegulation

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

A third-party liability insurance contract for damage attributable to the vessel, as provided for in Article 331, shall not take effect, unless the amount of insurance on the vessel is insufficient to cover the damage.

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

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