Article 122 of Companies Law No. 22 of 1997
Article text
اذا كانت اسناد القرض مضمونة باموال منقولة او غير منقولة او بموجودات عينية اخرى او بغير
ذلك من الضمانات او الكفالات
فيجب ان يتم وضع تلك الاموال والموجودات تأمينا للقرض وفقاً للتشريعات المعمول بها
وتوثيق الرهن او الضمان او الكفالة
قبل تسليم اموال الاكتتاب في اسناد القرض الى الشركة.
Source: the supplied Legislation and Opinion Bureau edition. Transcription does not certify the latest amendments or continuing force of every provision. Electronic extraction can produce formatting differences, particularly in tables; consult the official source for legal reliance.
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