Maryland Statutes
§ 4A-503
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.