Maryland Statutes

§ 4A-503

Maryland·Article gcl Commercial Law·Title 4A

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

(i)a person from issuing a payment order to initiate a funds transfer;
(ii)an originator’s bank from executing the payment order of the originator; or (iii) 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.

Free access — add to your briefcase to read the full text and ask questions with AI

Maryland § 4A-503 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 4A-101
§ 4A-101
§ 4A-102
§ 4A-102
§ 4A-103
§ 4A-103
§ 4A-104
§ 4A-104
§ 4A-105
§ 4A-105
§ 4A-106
§ 4A-106
§ 4A-107
§ 4A-107
§ 4A-108
§ 4A-108
§ 4A-201
§ 4A-201
§ 4A-202
§ 4A-202
§ 4A-203
§ 4A-203
§ 4A-204
§ 4A-204
§ 4A-205
§ 4A-205
§ 4A-206
§ 4A-206
§ 4A-207
§ 4A-207
View on official source ↗