Book traversal links for Article 18
Article 18
No: M/51 | Date(g): 3/7/2012 | Date(h): 14/8/1433 |
Effective from Nov 30 2012 - Nov 29 2012
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Without prejudice to Article 12(1) (a) of this Law, members of the board of directors of a finance company shall be jointly and severally liable for guaranteeing the company’s rights against losses resulting from granting finance without collateral.