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Article 17

No: MSHT/82 Date(g): 10/12/2019 | Date(h): 13/4/1441 Status: In-Force
1.No acquisition of assets other than those necessary to manage its business shall be executed by the Consumer Microfinance Company unless it has obtained a non-objection letter from SAMA.
 
2.A Consumer Microfinance Company may not execute any partial or total liquidation of its business or of the Company itself without obtaining a non-objecting letter from SAMA.