Article 542 of the Saudi Civil Transactions Law

المادة 542 من نظام المعاملات المدنية · الفرع الثاني: آثار عقد الشركة

Official text (Arabic)

This article has not been amended since the law was issued.

للدائن الشخصي للشريك أن يطلب استيفاء حقه من نصيب الشريك المدين من الأرباح القابلة للتوزيع أو من نصيبه في مال الشركة بعد التصفية، وللدائن طلب بيع ما يلزم من حصص ذلك الشريك إن أمكن بيعها دون ضرر على باقي الشركاء ليستوفي حقه من حصيلة بيعها، على أن تكون لباقي الشركاء الأولوية في شراء تلك الحصص.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Explanation (Arabic)

The plain-language explanation of this article is currently available in Arabic only. An English translation is on the way.

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The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.