Article 31 of the Saudi Commercial Papers Law

المادة 31 من نظام الأوراق التجارية · الفصل الرابع: مقابل الوفاء

Official text (Arabic)

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

تنتقل ملكية مقابل الوفاء بحكم النظام إلى حملة الكمبيالة المتعاقبين. وإذا كان مقابل الوفاء أقل من قيمة الكمبيالة كان للحامل على هذا المقابل الناقص جميع الحقوق المقررة له على المقابل الكامل.

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.