Article 351 of the Saudi Commercial Court Law
المادة 351 من النظام التجاري نظام المحكمة التجارية · الفصل الحادي عشر: فيما يختص بكيفية السكورتاه يعني التأمين
This article has been repealed
It was repealed by the amendments listed below. Its original text is shown for historical reference only.
Original text before repeal (Arabic)
إذا جرت عقود مقاولة السكورتة على مبلغ يزيد عن قيمة الأشياء الموسوقة بالسفينة وتحقق لأن ذلك كان من نوع الحيل والدسائس من طرف المضمن فحينئذ يكون عقد المقاولة المنظم له كأنه لم يكن.
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
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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.