Alqanoni

Companies Law

Art. 107
Status unknownSaudi ArabiaRegulation

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

A shareholder shall, in accordance with the terms and conditions provided for in this Law or the company’s articles of association, have all of the rights associated with shares, including disposition of shares; attending shareholder assemblies, participating in their deliberations, and voting on their decisions; receiving dividends; electing board members; having access to the company’s records and documents without prejudice to the confidentiality of information; monitoring board activities; initiating derivative actions against board members; challenging the validity of shareholder assembly decisions; and receiving a share of the company’s assets upon liquidation.

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

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