Article 16 of the Saudi Commercial Pledge Law
المادة 16 من نظام الرهن التجاري · الفصل السادس: التصرف في المال المرهون وانتقاله
This article has been repealed
It was repealed by the amendments listed below. Its original text is shown for historical reference only.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 كان المال المرهون من الأموال المثلية جاز للراهن الحائز استبدال مثله به دون حاجة إلى موافقة المرتهن أو إلى تعديل عقد الرهن، وإذا كان المال المرهون من الأموال القيمية فيحق للراهن الحائز استبدال غيره به بعد موافقة المرتهن.
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
Banking & Finance Disputes lawyers: ask a specialist about your case
Describe your situation briefly and we'll suggest a lawyer who specialises in this law
Banking & Finance Disputes lawyers
Lawyers who handle this kind of case
Wasl Law Firm
- Labour & Employment Law
- Commercial & Corporate Law
BEDOOR ALRABIAH & CO.
- Labour & Employment Law
- Commercial & Corporate Law
Amendment history
Royal Decree No. M/94 — 15/8/1441 AH
Official amendment text (Arabic)
- حُذفت هذه المادة وذلك بموجب المرسوم الملكي رقم (م/94) وتاريخ 1441/8/15هـ.
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.