Finance Companies Control law
Art. 8Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The shares of founding shareholders may not be disposed of except with the approval of SAMA.
Recipients of such shares shall satisfy the requirements and terms set out in Article 5(First) (3) of this
Law.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded