Injunction or Restraining Order With Respect to Funds Transfer

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For proper cause and in compliance with applicable law, a court may restrain:

A person from issuing a payment order to initiate a funds transfer;

An originator's bank from executing the payment order of the originator; or

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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