Companies Law
Art. 55Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Unless stipulated otherwise in the company’s articles of incorporation,
partner decisions shall be passed as follows:
a) Decisions amending the articles of incorporation shall be passed by the
unanimous vote of general partners and the approval of limited partners
owning majority interests in the capital.
b) Other decisions shall be passed by the majority vote of general partners.
2. A limited partner may not request the dissolution of the limited partnership
nor may he vote on issues relating to the appointment or removal of its
manager.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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