Kuwait Court of Cassation principle number 515

Agreement to enter a debt secured by contractual security in the current account. The security transfers to secure the account balance upon closure to the extent of the debt, without regard to that a debt or payment enters the account during its operation. Reason therefor. The current account is deemed closed upon expiry of the period specified for its closure or before its expiry by agreement of the parties. Articles 394/1, 395, 399/1 of the Commercial Code. Example.