Companies Law
Art. 60Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A joint-stock company shall have issued capital representing subscribed
shares and the company's articles of association may provide for authorized
capital.
2. The company’s issued capital may, pursuant to a decision by the company’s
board of directors, be increased within the limits of its authorized capital,
provided that the issued capital is paid in full.
Chapter 2: Incorporation of a Joint-Stock Company
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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