Companies Law
Art. 48Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A partner may not be required to use his property to satisfy a company’s debt
unless the debt is established pursuant to a final judgment or enforcement
document and the company fails to satisfy the debt after a debt satisfaction
notice is provided thereto.
2. A partner shall, upon satisfaction of the company’s debt, have the right of
recourse against the other partners for the amounts he pays on behalf of the
partners in proportion to their respective interests.
Companies Law
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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