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Code · West Virginia · CHAPTER 46. UNIFORM COMMERCIAL CODE. · ARTICLE 4A. FUNDS TRANSFERS.

§46-4A-503. Injunction or restraining order with respect to funds transfer.

86 words·~1 min read·/wv/chapter-46-uniform-commercial-code/article-4a-funds-transfers/46-4a-503·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

For proper cause and in compliance with applicable law, a court may restrain
(1)a person from issuing a payment order to initiate a funds transfer,
(2)an originator's bank from executing the payment order of the originator or
(3)the beneficiary's bank from releasing funds to the beneficiary or the beneficiary from withdrawing the funds. A court may not otherwise restrain a person from issuing a payment order, paying or receiving payment of a payment order or otherwise acting with respect to a funds transfer.
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