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What is the legal basis for establishing the legal personality of an entity in assuming prior obligations?

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The legal personality of an entity in assuming prior obligations is established pursuant to regulatory or legislative decisions issued by the competent authorities, which explicitly stipulate the transfer of all related rights, assets, and financial and contractual obligations to that entity.

The legal personality of an entity in assuming prior obligations is established pursuant to regulatory or legislative decisions issued by the competent authorities, which explicitly stipulate the transfer of all related rights, assets, and financial and contractual obligations to that entity.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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مبدأ قضائي - Article مبدأ

القرار الوزاري رقم (22013/1/1443)

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