1. Where it has been agreed to enter a debt secured by a contractual security in the current account, such security shall pass to guarantee the balance of the account on closure by the amount of the debt, without regard to any changes which may occur to the account during its course of operation, save where otherwise agreed upon. 2. Where the Law provides for certain measures for concluding the security or invoking it against third parties, such security shall not pass to guarantee the current account balance, and it may be invoked only from the date on which such measures are made.
Interpretation and application must be checked against the official text and current version.
+7 (495) 221 31 46