Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 507

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

Opening a bank account for several persons with active solidarity among them, whether an ordinary or a current account. Its effect. Each has the full right to the account against the bank as though it were registered in his name alone.
Arabic original
فتح حساب مصرفي لأشخاص متعددين مع التضامن الإيجابي بينهم سواء كان حساباً عادياً أو جارياً. أثره. لكل منهم قبل البنك الحق الكامل على الحساب كما لو كان مقيداً باسمه وحده.
Original Arabic judgment citations

(الطعن ١٠٥/١٩٩٣ تجاري جلسة ١٣/١٢/١٩٩٣ مج القسم الثالث - المجلد الثاني ص ٥٧٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 98. PDF pages: 98.

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