Kuwait Court of Cassation principle number 1242

Expression of intent. When it takes effect. Its reaching the person to whom it is directed. A presumption of his knowledge thereof. - The management appointed over the bank by the Iraqi occupation authorities. Its representation of the bank. Usurpatory and unlawful representation. The effect: its acts and procedures are nonexistent as against the bank as a legal person. Example concerning an Iraqi bank manager’s endorsement on a demand for the value of a letter of guarantee and its effect on the bank’s obligation to pay its value.