Law of Collective Real Estate Investment Schemes
Art. 15Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The licensee shall open an escrow account with a licensed bank in the name of the collective real
estate investment scheme. The Authority shall, in coordination with the Saudi Central Bank, set
the necessary controls for the escrow account.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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