Companies Law
Art. 82Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The board of directors of a joint-stock company may issue decisions on urgent
matters by circulation to all members, unless a member submits a written
request for a board meeting to deliberate such matters. The decisions shall be
passed by the majority vote of members, unless the company's articles of
association stipulate a higher percentage or number. Such decisions shall be
presented to the board of directors at its subsequent meeting to be recorded in
the minutes of said meeting.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded