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Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles

Law Summary Record Type: LawNumber: 16Date: 25/08/1971 Corresponding to 04/07/1391 HijriNumber of Articles: 477Status: In force

Official Gazette :Issue: 7Offcial Journal Issue Publication Date: 01/01/1971 Corresponding to 05/11/1390 HijriPage from: 3458

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Article 133 (Cancelled) (Repealed By 22 /2004)Text Before Cancelling
Starting Date : 01/01/1971 Expiry Date : 30/06/2004

Where the subject matter is one value or Fungible things of different races, and the option of designation shall be to the obligor or to the obligee. Where the option of designation is absolute, it shall be granted to the obligor, unless the law or agreement between the parties provides that this option be granted to the obligee.

6/30/2004

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