Movable Property Security Law

Release Date:	1441-08-15
Release Tool:	Royal Decree
Issuance Instrument Number:	m/94
Validity:	Valid
Date of last amendment:	1444-11-29
Summary:	By AI A royal decree has been issued by King Salman bin Abdulaziz, which includes amendments to the Law on the Guarantee of Rights in Movable Property in Saudi Arabia. The amendments include new definitions, modifications to certain articles, and the repeal of irrelevant paragraphs. The definition of the Minister has been amended to "Minister of Commerce," and Article 4 has been modified to state that mortgage contracts are effective against third parties through registration or by transferring posses...

Release Date:

1441-08-15

Release Tool:

Royal Decree

Issuance Instrument Number:

m/94

Validity:

Valid

Date of last amendment:

1444-11-29

Summary:

By AI

A royal decree has been issued by King Salman bin Abdulaziz, which includes amendments to the Law on the Guarantee of Rights in Movable Property in Saudi Arabia. The amendments include new definitions, modifications to certain articles, and the repeal of irrelevant paragraphs. The definition of the Minister has been amended to "Minister of Commerce," and Article 4 has been modified to state that mortgage contracts are effective against third parties through registration or by transferring posses...